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Financial Literacy Skills for the 21st Century: Evidence from PISA
Author(s) -
Lusardi Annamaria
Publication year - 2015
Publication title -
journal of consumer affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.582
H-Index - 62
eISSN - 1745-6606
pISSN - 0022-0078
DOI - 10.1111/joca.12099
Subject(s) - financial literacy , curriculum , literacy , political science , medical education , psychology , pedagogy , public relations , finance , business , medicine
I am delighted to be asked to give the Colston Warne Lecture at the American Council on Consumer Interests annual conference. What I want to cover in this lecture is what I consider to be one of the most important topics for consumers: financial literacy. This topic is particularly important for the young, and in this lecture, I will describe the findings from the first international survey on financial literacy among high school students: the Programme for International Student Assessment ( PISA ). I am honored to chair the financial literacy expert group that designed the financial literacy assessment in PISA . Our journey to design that assessment included meetings in many countries and lasted for several years. It is one of the works I have enjoyed the most. I hope the findings from PISA will be a catalyst for changes in education policies, including adding financial literacy to school curricula.