Vlasta Bahovec|Dajana Barbi?|Irena Pali?
The Regression Analysis of Individual Financial Performance: Evidence from Croatia
University of Zagreb|University of Zagreb|University of Zagreb
abstract background large body empirical literature indicates gender financial literacy significant determinants individual financial performance objectives purpose paper recognize impact variable financial literacy variable gender variation financial performance using regression analysis methodsapproach survey conducted using systematically chosen random sample croatian financial consumers cross section linear regression model estimated order assess gender dummy variable financial literacy ordinal categorical variable impact financial performance results results indicate average value financial performance men higher average value financial performance women financial literacy level furthermore higher level financially literacy related higher level financial performance conclusions gender financial literacy statistically significant impact individual financial performance increasing financial literacy understanding gender differences terms financial literacy financial wellbeing interest financial educators struggles improve financial situation citizens educators create financial education programs intended men women