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John Kiff

Digitalization, financial knowledge and financial decisions - 0 views

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    La Banca d'Italia published a survey-based paper that analyzed the relationship between digitalization, financial knowledge and financial decisions. It found that digital skills are a useful complement to financial skills in monitoring expenses and therefore to saving money. Moreover, such skills are also related to a more favorable attitude towards digital finance. With the same level of financial knowledge, digital skills do not however affect investment decisions. Finally, there is a significant gender gap, at the expenses of women, in terms of both digital skills and financial knowledge.
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