Lower financial literacy induces use of informal loans/DEFICIT DE ALFABETIZACAO FINANCEIRA INDUZ AO USO DE EMPRESTIMOS EM MERCADOS INFORMAIS/Déficit de educación financiera induce el uso de préstamos en mercados informales

Finance literature documents associations between a family's financial literacy and its propensity to borrow. However, most studies focus exclusively on formal loan markets. Based on 2,023 observations about financial behavior of Brazilian families, we examined the impacts of financial literacy...

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Veröffentlicht in:Revista de administração de emprêsas 2018-01, Vol.58 (1), p.44
Hauptverfasser: Santos, Danilo Braun, Mendes-Da-Silva, Wesley, Gonzalez, Lauro
Format: Artikel
Sprache:por
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