Gustav Tinghög|Ali Ahmed|Kinga Barrafrem|Thérèse Lind|Kenny Skagerlund|Daniel Västfjäll
Gender differences in financial literacy: The role of stereotype threat
Linköping University|Linköping University|Ratio|Linköping University|Linköping University|Linköping University|Decision Research|Linköping University
understanding women display less financial literacy men crucial developing policies reduce gender inequalities improve womens financial behaviorin series studies investigate whether observed gender gap financial literacy identified nonnumerical contexts related confidence financial matters attributed stereotype threat posits inbuilt prejudices gender finance undermine performance among women tasks involving financewe utilized data swedish standardized scholastic aptitude test n 40662 investigate greater difference reading comprehension men women reading topics related financefurthermore conducted largescale online data collection n 1989 including survey financial vocabulary experiment manipulated salience financial content across conditions assessing financial literacythe results show observed gender gap financial literacy robust also nonnumerical financial contexts attributed difference displayed confidencefinally mediation analysis showed significant indirect effect gender financial literacy financial anxiety suggesting stereotype threat women financial domain contributes observed gender gap