Tabea Bucher?Koenen|Annamaria Lusardi
Financial Literacy and Retirement Planning in Germany
Centre for European Economic Research|Max Planck Institute for Social Law and Social Policy|Max Planck Society|National Bureau of Economic Research|George Washington University
examine financial literacy germany using data save survey find knowledge basic financial concepts lacking among women less educated living east germany particular low education low income east germany little financial literacy compared west german counterparts interestingly gender disparity financial knowledge east order investigate nexus causality financial literacy retirement planning develop iv strategy making use regional variation financial knowledge peers find positive impact financial knowledge retirement planning