Construct · 1 fields · 1 citations

financial sophistication: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Household finance

a household's skill at avoiding costly investment mistakes such as underdiversification and holding losing stocks too long.

In household finance, financial sophistication refers to a household's skill at avoiding costly investment mistakes such as underdiversification and holding losing stocks too long. This meaning comes from Calvet (2009) in American Economic Review.[1]

Unit
Recovery means
Measured by

Run it through the Collider, or take the citations with you.

See how financial sophistication sits against neighbouring constructs in the Collider, or export every reference on this page in one click.

Open in Collider Export BibTeX Report this entry

Nearby constructs

holding2 fields · 2 citationsjingle · one word, two constructs household finance1 fields · 1 citationsanchor · a standalone construct investment2 fields · 2 citationsjingle · one word, two constructs

References

Calvet, L. E., Campbell, J. Y., & Sodini, P. (2009). Measuring the Financial Sophistication of Households. American Economic Review, 99(2), 393-398. https://doi.org/10.1257/aer.99.2.393

Cited on this page?

Confirm your construct, or correct us.

If your work is cited behind one of these entries, you know better than we do whether we captured the meaning right. Confirm it, suggest an edit, or dispute it, and your name goes on the entry as an author who has checked it, linked to your ORCID.

Claim your construct