Financial Knowledge and Financial Literacy at the Household Level
研究发现计算能力与养老金及社会保障之外的财富相关，但养老金和社会保障知识却与这些财富及计算能力无关，质疑了通过提升计算能力增加退休储蓄的政策。
There is evidence of a relation between numeracy and wealth held outside of pensions and Social Security. With pensions and Social Security accounting for half of wealth at retirement, and evidence that those with pensions save more in other forms, one would expect to find knowledge of pensions and Social Security influencing retirement saving. Yet we find no evidence that knowledge of pensions and Social Security is related to nonpension, non-Social Security wealth, to numeracy, or that it plays an intermediate role in the numeracy-wealth relation. Our findings raise questions about policies that would enhance numeracy to increase retirement saving.