Explaining the Gender Gap in Financial Literacy: the Role of Non-Cognitive Skills



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Arellano Espinar, Francisco Alfonso and Cámara, Noelia and Tuesta, David (2015) Explaining the Gender Gap in Financial Literacy: the Role of Non-Cognitive Skills. [ BBVA Research Working Paper; nº 15/32, ]

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Official URL: https://www.bbvaresearch.com/wp-content/uploads/2015/12/WP15-32_GenderPISA.pdf


Economic literature identifies a gender gap in financial literacy. This paper tests to what extent the gender gap is due to a misspecification problem or whether it exists because boys and girls do indeed have differing ways of acquiring financial literacy. Our estimates show that the gender gap decreases by 20 per cent when the model includes the effect of non-cognitive skills, for 15-year-old students in Spain. However, differences between boys and girls in financial literacy remain statistically significant.

Item Type:Working Paper or Technical Report
Additional Information:

Publicado también como artículo:
Arellano, A., Cámara, N. and Tuesta, D. (2018), Explaining the Gender Gap in Financial Literacy: The Role of Non‐Cognitive Skills. Economic Notes, 47: 495-518. doi:10.1111/ecno.12113

Uncontrolled Keywords:Gender gap; Non-cognitive factors; Financial literacy
Subjects:Social sciences > Sociology > Social research
Social sciences > Economics > Finance
Humanities > Education > Learning
JEL:I00, D83, C81
Series Name:BBVA Research Working Paper
ID Code:60728
Deposited On:01 Jun 2020 12:39
Last Modified:03 Jun 2020 12:25

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