The Determinants of The Level of Financial Literacy in Turkey

dc.authoridhttps://orcid.org/0000-0003-4150-4101.
dc.authoridhttps://orcid.org/0000-0002-8840-1815.
dc.contributor.authorYılmaz, Süreyya
dc.contributor.authorDüzakın, Hatice
dc.date.accessioned2021-12-28T11:12:59Z
dc.date.available2021-12-28T11:12:59Z
dc.date.issued2021en_US
dc.departmentİktisadi ve İdari Bilimler Fakültesien_US
dc.description.abstractThe main objective of this study was to explain individuals’ financial literacy levels through socioeconomic and demographic variables. A random sample of 1000 participants was recruited from Turkey. As an indicator of the financial literacy level, a measure with three constructs was adopted: financial attitude, financial behaviour and financial knowledge. Logit model was estimated from these explanatory variables: gender, age, marital status, number of family members, education, income, number of persons with income, household income and working conditions. In the logit model results, the effect of gender, age and education was statistically significant and positive. The results emphasized that there is a relationship between financial literacy level and gender, age and education. Additionally, the results of this study indicated that the level of financial literacy is 52.9% in Turkey.en_US
dc.identifier.citationDüzakın, H., & Yılmaz, S. (2021). The Determinants of The Level of Financial Literacy in Turkey. Copernican Journal of Finance & Accounting, 10(1), 9–30. http://dx.doi.org/10.12775/CJFA.2021.001en_US
dc.identifier.doi10.12775/CJFA.2021.001
dc.identifier.endpage30en_US
dc.identifier.issue1en_US
dc.identifier.startpage9en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12507/1663
dc.identifier.volume10en_US
dc.language.isoen
dc.relation.ispartofCopernican Journal of Finance & Accounting
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectFinancial literacyen_US
dc.subjectFinancial behaviouren_US
dc.subjectFinancial knowledgeen_US
dc.subjectFinancial attitudesen_US
dc.titleThe Determinants of The Level of Financial Literacy in Turkey
dc.typeArticle

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