Menkhoff, Lukas Grohmann, Antonia Hübler, Olaf Kouwenberg, Roy
Year of Publication:
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2014: Evidenzbasierte Wirtschaftspolitik - Session: Risk and Ambiguity II E06-V1
This research challenges the stylized fact of a gender gap in financial literacy, i.e. the finding that women lag behind men in this respect. Our data which samples middle-class people from Bangkok does not show a gender gap, neither in regards to financial literacy nor regarding various kinds of informed financial decision making. This result is not explained by men s low financial literacy. It may be partially explained by high income of our target group and it seems likely to be influenced by Thailand s cultural background, such as the low degree of masculinity.