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Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/11823
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dc.contributor.authorKlapper, Leoraen_UK
dc.contributor.authorPanos, Georgiosen_UK
dc.date.accessioned2013-04-17T08:36:58Z-
dc.date.available2013-04-17T08:36:58Z-
dc.date.issued2011-10en_UK
dc.identifier.urihttp://hdl.handle.net/1893/11823-
dc.description.abstractWe examine the relationship between financial literacy and retirement planning in Russia, a country with a relatively old and rapidly ageing population, large regional disparities, and emerging financial markets. We find that only 36% of respondents in our sample understand interest compounding and only half can answer a simple question about inflation. In a country with widespread public pension provisions, we find that financial literacy is significantly and positively related to retirement planning involving private pension funds. Thus, along with encouraging the availability of private retirement plans, efforts to improve financial literacy can be pivotal to the expansion of the use of such funds.en_UK
dc.language.isoenen_UK
dc.publisherCambridge University Press for the International Organisation of Pension Supervisors and the Organisation for Economic Co-operation and Developmenten_UK
dc.relationKlapper L & Panos G (2011) Financial literacy and retirement planning: the Russian case. Journal of Pension Economics and Finance, 10 (4), pp. 599-618. https://doi.org/10.1017/S1474747211000503en_UK
dc.rightsPublisher policy allows this work to be made available in this repository. Published in Journal of Pension Economics and Finance / Volume 10 / Issue 04 / October 2011, pp 599-618 Copyright © Cambridge University Press 2011. The original publication is available at http://dx.doi.org/10.1017/S1474747211000503en_UK
dc.subjectFinancial literacyen_UK
dc.subjectretirement planningen_UK
dc.subjectpensionsen_UK
dc.subjectRussiaen_UK
dc.titleFinancial literacy and retirement planning: the Russian caseen_UK
dc.typeJournal Articleen_UK
dc.identifier.doi10.1017/S1474747211000503en_UK
dc.citation.jtitleJournal of Pension Economics and Financeen_UK
dc.citation.issn1475-3022en_UK
dc.citation.issn1474-7472en_UK
dc.citation.volume10en_UK
dc.citation.issue4en_UK
dc.citation.spage599en_UK
dc.citation.epage618en_UK
dc.citation.publicationstatusPublisheden_UK
dc.citation.peerreviewedRefereeden_UK
dc.type.statusVoR - Version of Recorden_UK
dc.author.emailgeorgios.panos@stir.ac.uken_UK
dc.contributor.affiliationThe World Banken_UK
dc.contributor.affiliationEconomicsen_UK
dc.identifier.isiWOS:000296906000007en_UK
dc.identifier.wtid754376en_UK
dcterms.dateAccepted2011-10-31en_UK
dc.date.filedepositdate2013-04-10en_UK
rioxxterms.typeJournal Article/Reviewen_UK
rioxxterms.versionVoRen_UK
local.rioxx.authorKlapper, Leora|en_UK
local.rioxx.authorPanos, Georgios|en_UK
local.rioxx.projectInternal Project|University of Stirling|https://isni.org/isni/0000000122484331en_UK
local.rioxx.freetoreaddate2013-04-10en_UK
local.rioxx.licencehttp://www.rioxx.net/licenses/all-rights-reserved|2013-04-10|en_UK
local.rioxx.filenamePanos_2011_Financial_literacy_and_retirement_planning.pdfen_UK
local.rioxx.filecount1en_UK
local.rioxx.source1474-7472en_UK
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