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Source: Journal Citation ReportsTM from ClarivateTM 2022

Entrepreneurship and Sustainability Issues Open access
Journal Impact FactorTM (2022) 1.7
Journal Citation IndicatorTM (2022) 0.42
Received: 2022-09-25  |  Accepted: 2022-11-21  |  Published: 2022-12-30

Title

Follow us, not? Gender differences in financial literacy within the global leader of gender equality


Abstract

Gender differences in financial literacy are examined in this research. A considerable body of research suggests women are inferior to men when it comes to financial literacy. Various social factors (e.g., gender inequality) are typically attributed as antecedents of this reality. We set out to investigate whether gender differences in financial literacy are present in Iceland, the most gender-equal country in the world. If financial literacy is based on social norms and issues, gender differences in financial literacy should be less in countries like Iceland, where women are highly economically and otherwise empowered. Using a representative sample from the Icelandic population and controlling for a host of factors, we find women to be less financially literate than men despite substantial gender equality in Iceland.


Keywords

financial literacy, gender, Iceland


JEL classifications

F65 , G53 , J16


URI

http://jssidoi.org/jesi/article/1029


DOI


Pages

351-361


Funding

This research was funded by University of Iceland

This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Gudjonsson, Sigurdur
University of Iceland, Reykjavik, Iceland https://www.hi.is
Articles by this author in: CrossRef |  Google Scholar

Kristinsson, Kari
University of Iceland, Reykjavik, Iceland https://www.hi.is
Articles by this author in: CrossRef |  Google Scholar

Minelgaite, Inga
University of Iceland, Reykjavik, Iceland https://www.hi.is
Articles by this author in: CrossRef |  Google Scholar

Journal title

Entrepreneurship and Sustainability Issues

Volume

10


Number

2


Issue date

December 2022


Issue DOI


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

Google Scholar

Article views & downloads

HTML views: 1399  |  PDF downloads: 476

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