Financial Literacy Testing

Authors

URBANOVSKÝ Karel NEŠLEHA Josef

Year of publication 2016
Type Article in Proceedings
Conference 2nd International Conference on the Changing World and Social Research (ICWSR 2016 - Barcelona)
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web
Field Economy
Keywords Insurance; Insurance Company; Subjective Evaluation; Czech Republic
Description The goal of this paper is to introduce a system of financial literacy testing in terms of insurance products, which are provided by insurance company operating in the Czech Republic. Doing so, this paper elaborates on the previous paper of the same authors, in which the authors tried to investigate mostly important predictors of financial literacy related to life insurance products. The testing method which is intended to be described in this paper is based on subjective evaluation of respondent’s knowledge related to financial literacy in the areas of insurance products. Afterwards, the plan dataset is intended to be used in another research.
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