Relationship Between Various Determinants and Dimensions of Financial Literacy Among Working Class

The purpose of this empirical research work was to identify the relationship between various determinants of Financial Literacy among the working class of National Capital Region of India. It was a descriptive study based on the survey of 596 working class respondents. The data has been analyzed by factor analysis, correlation and regressions analysis. Based on the factor analysis, three factors have been found of financial knowledge, three factors of financial behaviour and in a similar manner four factors of financial attitude have been extracted. Further, based on the multiple regression models the contribution of financial attitude has been found highest in explaining the financial literacy and it has been followed by financial behaviour and financial knowledge. It means that both financial attitude and financial behaviour are better estimators of financial literacy in comparison to the financial knowledge. Therefore, the policy makers, financial system regulators and governments should do more efforts to improve the level of financial attitude and financial behaviour in comparison to the financial knowledge to improve the level of financial literacy because significant difference has been found in the level of financial attitude and financial behaviour across some of the demographic factors. The increased financial literacy would be helpful in improving the saving and investment behaviour of the public. This improved level of financial literacy of public will save the required level of capital for the capital formation for the targeted economic growth. Consequently, more employment opportunities will increase the social security in the society. Like every study, this study also have certain limitations like the universe of the study was limited to a particular geographical region i.e. National Capital Region of India, along with time and money constraints. In future similar study can be conducted by changing the target population and geographical area with a bigger sample.

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Effect of Occupation and Household Income on the Financial Knowledge of Working Class of National Capital Region of India

International Journal of Management Studies ◽

10.18843/ijms/v6si5/09 ◽

2019 ◽

Vol VI (5) ◽

pp. 53

Author(s):

Poonam Rani ◽

Khujan Singh

Keyword(s):

Working Class ◽

Household Income ◽

Financial Knowledge ◽

National Capital Region ◽

Capital Region ◽

National Capital

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Some Insights Into Financial Literacy Among Undergraduate Students: A Case of Bosnia and Herzegovina

International Journal of Financial Research ◽

10.5430/ijfr.v12n3p103 ◽

2021 ◽

Vol 12 (3) ◽

pp. 103

Author(s):

Jasmina Okicic ◽

Meldina Kokorovic Jukan ◽

Mensur Heric

Keyword(s):

Undergraduate Students ◽

Financial Literacy ◽

Sampling Technique ◽

Financial Education ◽

Financial Knowledge ◽

Financial Behavior ◽

Financial Attitudes ◽

Significant Difference ◽

Financial Behaviour ◽

The Relationship

The purpose of this research is to provide some insights into financial literacy among undergraduate students focusing primarily on the relationship between financial knowledge, financial attitudes and financial behavior and on possible gender and financial education gap in financial literacy. Using the purposive sampling technique, data collection was carried out from April to June 2020, yielding a sample of 1,046 valid responses. To gain a better understanding of the relationship between financial behaviour, financial attitudes and financial knowledge, we, primarily, use exploratory factor analysis and multiple regression model. The research findings have revealed several important issues. First, findings have suggested that financial knowledge, financial attitudes and gender may be considered as an antecedent of the financial behaviour of undergraduate students. Second, findings have also suggested a statistically - significant difference between the financial literacy of undergraduate students concerning their exposure to formal financial education.

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“SHARING ECONOMY” THE CASE OF AIRBNB IN NCR: AN HONESTLY SIGNIFICANT DIFFERENCE (HSD) TEST

Journal of Tourism, Hospitality and Environment Management ◽

10.35631//jthem.519008 ◽

2020 ◽

Vol 5 (19) ◽

pp. 102-117

Author(s):

Mary Vida L. Tumbali

Keyword(s):

Secondary Data ◽

Sharing Economy ◽

Market Model ◽

National Capital Region ◽

Capital Region ◽

Honestly Significant Difference ◽

Significant Difference ◽

National Capital ◽

Occupancy Rates ◽

The City

As opposed to the traditional market model, which is based on possession, the ‘Sharing Economy’ is based on sharing and utilizing services and products among others. Airbnb founded by Joe Gebbia and Brian Chesky in 2008, is one the best example of the Sharing Economy. The purpose of this paper was to determine and compare the market revenue and occupancy rates of the selected cities in the National Capital Region from 2016-2019. Secondary Data was from AirDNA - a paid service tool intentional for Airbnb researchers. One-way Anova was the statistical test used in this study, followed by an honestly significant difference (HSD) test. This research paper covered seven (7) selected cities in the National Capital Region. These are the City of Manila, Makati, Mandaluyong, Pasay, Parañaque, Pasig, and Quezon City. The results revealed that in the year 2016-2019 Manila appeared to have the highest percentage of occupancy rate, while Makati City gained the highest amount of Market Revenue.

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