ISR|SRC|Michigan Retirement Research Center|UofM
Mailing List | News | Contact Us
Follow onTwitter
Main photo Promoting research on retirement and Social Security policy

Key Findings Details

Financial Literacy and Stock Market Participation
Maarten van Rooij, Annamaria Lusardi and Rob Alessie
WP 2007-162

  • A basic understanding of stocks and bonds (concepts such as risk diversification) is quite limited among respondents of a Dutch national household survey.
  • Those who have low financial literacy are significantly less likely to invest in stocks.