Gender differences in financial capability
What is behind the gap
Bibliographic Data
| ID | 6061981 |
|---|---|
| Authors | Kyoung Tae Kim (0000-0002-0673-721X, Department of Consumer Sciences University of Alabama Tuscaloosa Alabama USA, corresponding author), Jing Jian Xiao (0000-0003-3252-5672, Department of Human Development and Family Science University of Rhode Island Kingston Rhode Island USA), Sunwoo Lee (0000-0002-0887-5309, Department of Consumer Science Sungkyunkwan University Seoul Korea) |
| Year | 2025 |
| Volume | 54 |
| Issue | 1 |
| Publication date | 2025-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Family and Consumer Sciences Research Journal (JOURNAL) |
| Journal identifiers | ISSN: 1077-727X • E-ISSN: 1552-3934 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/fcsr.70025 |
| OpenAlex | W4413457512 |
| Language | EN |
| Citations received | 1 |
| References cited | 44 |
This study examines gender differences across five measures of financial capability and identifies factors that widen or narrow the gap using a decomposition technique. Utilizing data from the 2021 National Financial Capability Study, the results indicated that females had lower levels of financial capability than males on four out of five measures, with the exception of perceived financial capability. Decomposition analyses reveal several key contributing factors to explain these gender differences in financial capability, including age, income, education, financial anxiety, risk tolerance, and financial education. This study provides important insights for financial educators, researchers, and policymakers
Business · Demographic economics · Economics · Gender gap · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Psychology · Retirement, Disability, and Employment · Finance
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| Unique citing works | 1 |
|---|---|
| Citations per year | 1 |
| Citation span | 2026 - 2026 (1) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 1 |