FINANCIAL LITERACY AND HOUSEHOLD SAVING BEHAVIOUR RESEARCH: DOES FINANCIAL KNOWLEDGE LEAD TO BETTER SAVINGS IN EUROPE?

Tarielov, Mr Elaman (2026) FINANCIAL LITERACY AND HOUSEHOLD SAVING BEHAVIOUR RESEARCH: DOES FINANCIAL KNOWLEDGE LEAD TO BETTER SAVINGS IN EUROPE? BA/BSc, Lámfalussy Sándor Közgazdaságtudományi Kar (volt Közgazdaságtudományi Kar).

PDF LKK-A-2026-27.pdf Hozzáférés joga: Csak nyilvántartásba vett egyetemi IP-kről nyitható meg Download (546kB)

Absztrakt (kivonat)

FINANCIAL LITERACY AND HOUSEHOLD SAVING BEHAVIOUR RESEARCH: DOES FINANCIAL KNOWLEDGE LEAD TO BETTER SAVINGS IN EUROPE? This thesis investigates whether financial knowledge leads to better savings outcomes, combining a systematic review of peer-reviewed European studies with an original survey of university students and graduates at a Hungarian university. The research question is motivated by the ongoing shift of retirement saving responsibility onto individuals across European pension systems. The literature review finds a universally positive association between financial literacy and saving behavior across all studies reviewed. Rigorous causal evidence from longitudinal panels, natural experiments, and instrumental variable estimation consistently suggests that standard cross-sectional analyses underestimate the true relationship, and that effects are strongest among middle-aged adults, low-educated populations, and in institutional contexts requiring active saving decisions. The survey analysis yields a moderate positive correlation between self-assessed financial literacy and self-reported financial behavior. Finance course-takers outscored non-takers on both literacy and behavior, while economics and business students scored higher than other faculty students on literacy but only modestly higher on behavior — indicating that financial education builds knowledge more readily than it changes daily habits. Hungarian students scored higher than international students on both dimensions, representing the largest group gap observed. Thematic analysis of open-ended responses provides convergent validity: the most cited perceived financial mistakes — overspending and lack of budgeting — match the two weakest behavioral items in the Likert data. An investment theme emerged without prompting, identifying a financial capability dimension absent from the structured instrument. The majority of research hypotheses are supported. The thesis contributes primary evidence on a young adult population underrepresented in the European literature, a multi-dimensional behavioral operationalization suited to the student context, and evidence that the literacy–behavior link extends to university-age populations. Recommendations focus on cross-faculty financial education, behavioral skill-building over conceptual instruction, investment literacy for young adults, and targeted support for international students.

Angol cím

FINANCIAL LITERACY AND HOUSEHOLD SAVING BEHAVIOUR RESEARCH: DOES FINANCIAL KNOWLEDGE LEAD TO BETTER SAVINGS IN EUROPE?

Intézmény

Soproni Egyetem

Kar

Lámfalussy Sándor Közgazdaságtudományi Kar (volt Közgazdaságtudományi Kar)

Tanszékcsoport/intézet

LKK - Közgazdasági és Nemzetközi Kapcsolatok Intézet

Szak

NEM RÉSZLETEZETT

Témavezető(k)

Helyi kari azonosító

LKK-A-2026-27

Mű típusa:	Diplomadolgozat (BA/BSc)
Felhasználói azonosító szám (ID):	Elaman Tarielov
Dátum:	21 Júl 2026 13:42
Utolsó módosítás:	21 Júl 2026 13:42
URI:	http://diploma.uni-sopron.hu/id/eprint/16815

Actions (login required)

Tétel nézet