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Financial literacy in Tunisia: Its determinants and its implications on investment behavior

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  • Mouna, Amari
  • Anis, Jarboui

Abstract

Given the dynamic changes in the economic environment, especially in financial markets, a need is felt to improve investors’ financial knowledge. Financial literacy entails informed financial decisions. The present study investigates the determinants of financial literacy and its impact on investment behavior. A questionnaire has been developed to elicit the study's variables and it is divided into three parts. The first part covers the demographic variables; the second deals with the financial behavior of the Tunisian households, and the third part is devoted to financial literacy.

Suggested Citation

  • Mouna, Amari & Anis, Jarboui, 2017. "Financial literacy in Tunisia: Its determinants and its implications on investment behavior," Research in International Business and Finance, Elsevier, vol. 39(PA), pages 568-577.
    • Handle: RePEc:eee:riibaf:v:39:y:2017:i:pa:p:568-577
    DOI: 10.1016/j.ribaf.2016.09.018
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