Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282755 
Year of Publication: 
2023
Series/Report no.: 
IZA Discussion Papers No. 16628
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Gender gaps in financial literacy are pervasive and persistent. They are partly explained because women choose "I do not know" more frequently. We test for the effectiveness of three interventions to shift this behavior. The control survey includes the possibility of "I do not know". The three treatments either exclude this possibility, offer incentives for correct answers, or inform survey takers of the existing gender gap in choosing this answer option. While all interventions are very effective in reducing this answer option, only the information significantly reduces the gender gap in "I do not know" and in financial literacy.
Subjects: 
financial literacy
gender gaps
survey methods
JEL: 
C8
C9
D14
D91
G53
I22
J16
Document Type: 
Working Paper

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