Agenda

10 Gen 2022 12:15

Maddalena Davoli - A, B or C? Question Format and the Gender Gap in Financial Literacy

Meeting Room 1 (San Giobbe Economics Campus) + Live streaming (ZOOM)

 Job Market seminar

 

Maddalena Davoli (PhD candidate at the Chair of Econometrics at the Faculty of Economics and Business of Goethe University Frankfurt)  

https://www.maddalenadavoli.com/

 

presenting:

 

A, B or C? Question Format and the Gender Gap in Financial Literacy

Abstract: Financial literacy surveys, almost exclusively based on multiple-choice questions, have consistently found financial literacy gender gaps worldwide. At the same time, there is evidence that women perform worse than men on multiple-choice questions. This article, employing data from PISA 2015, analyzes the differential gender effect of question formats on students' financial literacy assessment. Having answers to both multiple-choice and open-response questions for each student, we employ a panel specification and use within-student variation while controlling for students' fixed characteristics. We show that girls perform worse than boys when answering multiple-choice questions, whereas such a difference is not observed for the open-response format. Moreover, we highlight how the results may be driven by question characteristics underlying the selected-response format, especially the context and cognitive process of the question, whereas no role is found for students' non-cognitive traits. Evidence suggests that our results are generalizable to settings other than the 15-years old population tested in PISA and that specific policy aimed at training individuals to the multiple-choice format may help close the observed difference.

 

The seminar will be held online only. You can find the zoom link information here:

https://unive.zoom.us/j/84722251591

Meeting ID: 847 2225 1591

Lingua

L'evento si terrà in inglese

Organizzatore

JMSeminars

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