financial literacy

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Past Event

Past Event

Living standards and financial resilience across Europe

What has the impact of the pandemic on households’ financial resilience been, and how should policy makers respond?

Speakers: Romina Boarini, Zsolt Darvas, Maria Demertzis and Daniel Tomlinson Topic: Macroeconomic policy Date: April 21, 2021
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Opinion

Financial literacy and the fearless woman

Many gender gaps persist, but an important one that puts women in a very disadvantageous position is the gap in financial literacy.

By: Maria Demertzis Topic: Macroeconomic policy Date: March 30, 2021
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Podcast

Podcast

Gender gap in financial literacy: a lack of knowledge or confidence?

“If women and girls are fearless, they will benefit by becoming more financially independent, more financially secure, more in control of their future and society will benefit.”

By: The Sound of Economics Topic: Macroeconomic policy Date: March 24, 2021
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Opinion

Can households in the European Union make ends meet?

Half the households surveyed by Eurostat see themselves as unable to find the resources they would need to cope with an unexpected expense within a month, estimated by experts at €375 in the case of Greece.

By: Maria Demertzis, Marta Domínguez-Jiménez, Annamaria Lusardi and Bruegel Topic: Banking and capital markets Date: July 24, 2020
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Policy Contribution

The financial fragility of European households in the time of COVID-19

The concept of household financial fragility emerged in the United States after the 2007-2008 financial crisis. It grew out of the need to understand whether households’ lack of capacity to face shocks could itself become a source of financial instability.

By: Maria Demertzis, Marta Domínguez-Jiménez, Annamaria Lusardi and Bruegel Topic: Macroeconomic policy Date: July 2, 2020
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Podcast

Podcast

How not to spend it

Buying a car, a house or a cryptocurrency has never been easier: with a simple click, digital banking has made financial operations accessible to everyone. But, while Fintech has become widespread, financial literacy does not seem to keep up the pace. This week Maria Demertzis and Nicholas Barrett are joined by Annamaria Lusardi, Denit Trust Endowed Chair of Economics and Accountancy from George Washington University School of Business to discuss financial literacy.

By: The Sound of Economics Topic: Banking and capital markets Date: October 31, 2019
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Past Event

Past Event

Financial and digital literacy in the age of fintech

How to ensure the safe use of digital payments and other technological innovations in the area of personal finance?

Speakers: Maria Demertzis and Annamaria Lusardi Topic: Digital economy and innovation Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: October 23, 2019
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Podcast

Podcast

Director’s Cut: Making Europe financially literate

This week's guest on the Director’s Cut of ‘The Sound of Economics’, Annamaria Lusardi, raises the urgent need to adopt policies that seek to improve people’s understanding of financial concepts and risks, in conversation with Bruegel deputy director Maria Demertzis.

By: The Sound of Economics Topic: Banking and capital markets Date: June 19, 2018
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Past Event

Past Event

The importance of being financially literate

This event focused on the importance of financial literacy and the possible policies that could be developed to improve it.

Speakers: Lidia del Pozo, Maria Demertzis, Annamaria Lusardi and Jean-Paul Servais Topic: Banking and capital markets Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 15, 2018
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Policy Contribution

Financial literacy and inclusive growth in the European Union

Financial literacy is financial education, such as basic economics, statistics and numeracy skills combined with the ability to employ these skills in making financial decisions. As more and more households are asked to make their own decisions about such issues, financial illiteracy can become a serious threat to their life-time welfare. The authors of this paper explain why financial literacy matters and suggest, in light of their findings, some policy recommendations.

By: Uuriintuya Batsaikhan and Maria Demertzis Topic: Banking and capital markets, Macroeconomic policy Date: May 9, 2018