Financial literacy in the digital age—A research agenda

IF 3.2 3区经济学 Q3 BUSINESS Journal of Consumer Affairs Pub Date : 2023-01-29 DOI:10.1111/joca.12510

Tiina Koskelainen, Panu Kalmi, Eusebio Scornavacca, Tero Vartiainen

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引用次数: 9

Abstract

Digital innovations are transforming financial services and resulting changes in consumer behavior and personal money management. Diffusion of pervasive digital technologies offers individuals quick and easy access to various digital services bringing opportunities and challenges into their personal money management. The study aimed to explore how digitalization affects individuals' financial literacy and financial capability. As a result, we identified three main themes in the intersection of finance and digitalization: Fintech, Financial behavior in digital environments, and Behavioral interventions. We propose directions for measuring digital financial literacy, updates to the financial literacy curriculum, and developments of digital learning tools. Further, we highlight collaboration between the public and private sectors to create a fairer and more inclusive economic landscape. Our study contributes to existing research by proposing a framework for digital financial literacy and financial capability and a research agenda for future studies.

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数字时代的金融素养——一个研究议程

数字创新正在改变金融服务，并导致消费者行为和个人资金管理的变化。无处不在的数字技术为个人提供了快速便捷的各种数字服务，为他们的个人资金管理带来了机遇和挑战。本研究旨在探讨数字化如何影响个人的理财素养和理财能力。因此，我们确定了金融与数字化交叉的三个主要主题:金融科技、数字环境中的金融行为和行为干预。我们提出了衡量数字金融素养、更新金融素养课程和开发数字学习工具的方向。此外，我们强调公共和私营部门之间的合作，以创造更公平、更包容的经济格局。我们的研究通过提出数字金融知识和金融能力的框架以及未来研究的研究议程，对现有研究做出了贡献。

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来源期刊

Journal of Consumer Affairs Multiple-

CiteScore

4.60

自引率

17.90%

发文量

期刊介绍： The ISI impact score of Journal of Consumer Affairs now places it among the leading business journals and one of the top handful of marketing- related publications. The immediacy index score, showing how swiftly the published studies are cited or applied in other publications, places JCA seventh of those same 77 journals. More importantly, in these difficult economic times, JCA is the leading journal whose focus for over four decades has been on the interests of consumers in the marketplace. With the journal"s origins in the consumer movement and consumer protection concerns, the focus for papers in terms of both research questions and implications must involve the consumer"s interest and topics must be addressed from the consumers point of view.