Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)

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Household Financial Literacy: A Literature Analysis and Review

Authors
LinXi Shi1, ThienSang Lim1, *
1Faculty of Business, Economics and Accountancy, Universiti Malaysia Sabah, Kota Kinabalu, Malaysia
*Corresponding author. Email: tslim@ums.edu.my
Corresponding Author
ThienSang Lim
Available Online 29 October 2023.
DOI
10.2991/978-94-6463-270-5_49How to use a DOI?
Keywords
household; financial literacy; financial decision-making behaviors
Abstract

With the continuous improvement of the financial market system and the increasing abundance of financial services, household financial literacy is increasingly important for optimizing household financial behavioral decisions and enhancing household financial well-being. In order to grasp the research progress and main content of household financial literacy, using 1,144 documents included in the “Web of Science” database from 2003 to the present (up to June 30, 2023) as the basis and CiteSpace software as the data analysis and processing tool, this study demonstrated the research field of household financial literacy through the keyword co-occurrence map and keyword clustering map of the Main topics. On the basis of further combing related literature, the study clarified the concepts, measurement methods, and influencing factors of financial literacy, as well as the role of financial literacy in influencing the financial decision-making behaviors of households in areas such as investment, credit, and entrepreneurship. Finally, it summarized and looked forward to the development of household financial literacy research.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
Series
Atlantis Highlights in Economics, Business and Management
Publication Date
29 October 2023
ISBN
10.2991/978-94-6463-270-5_49
ISSN
2667-1271
DOI
10.2991/978-94-6463-270-5_49How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - LinXi Shi
AU  - ThienSang Lim
PY  - 2023
DA  - 2023/10/29
TI  - Household Financial Literacy: A Literature Analysis and Review
BT  - Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
PB  - Atlantis Press
SP  - 436
EP  - 447
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-270-5_49
DO  - 10.2991/978-94-6463-270-5_49
ID  - Shi2023
ER  -