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A quantile approach to assess gender differences in financial literacy among Italian students
Sergio Longobardi, Margherita Maria Pagliuca

Last modified: 2015-09-05

Abstract


Recent data from the OECD PISA (2012) highlight that there are no differences in financial literacy scores between boys and girls, except Italy where boys score higher. In this light, we analyze the determinants and “dynamics” of this gap among Italian 15-year-olds students by standard Oaxaca and Machado-Mata counterfactual decomposition. Main finding reveal that although the majority of the gender gap is explained by differences in the coefficients, an important role on this differential is played by attitudes to problem solving and scholastic behavior.


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