engleski

The analysis of the financial education impact on investment behavior in Croatia: Ordered logistic regression approach

This study explores the financial education of Croatian citizens as an important factor which affects the investment behaviour using ordered logistic regression approach. There is considerable evidence on positive effects of financial education on financial behavior. The survey was conducted using the random sample. The results point out that higher financial education is related to better investment behavior, what is in line with economic theory and relevant empirical research and emphasizes the need for financial education in Croatia.

financial education ; investment behavior ; survey research ; multivariate analysis ; logistic regression ; Croatia

Ovaj rad je podržan od strane Hrvatske zaklade za znanost kao dio znanstvenog projekta „Statistical Modelling for Response to Crisis and Economic Growth in Western Balkan Countries“ (STRENGTHS) ; Broj projekta: HRZZ-IP-2013-11-9402 ; Voditeljica: prof. dr. sc. Ksenija Dumičić. Zbornik je citiran u bazama: INSPEC, EconLit, ISI