Financial Literacy and Investment Behavior in Argentina

@article{1708874,
      author = {Leandro Jorge Yacoubian},
      title = {Financial Literacy and Investment Behavior in Argentina},
      journal = {Iconic Research And Engineering Journals},
      year = {2025},
      volume = {8},
      number = {11},
      pages = {1977-1982},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1708874.pdf},
      abstract = {This study investigates financial literacy?s impact on investment behavior among 310 self-directed investors in Argentina, of which 17.9% are female. A survey of 2000 respondents across five provinces used an 8-question test, scored from 0 to 40, to assess knowledge. Logistic and OLS regressions, significant at p < 0.05, analyzed investment preferences for Stocks, ETFs, and Bonds, along with literacy scores. Among the investors, 72.90% included Stocks, 43.23% included ETFs, and 22.58% were bond-only, averaging 25.6 out of 40 (SD 6.2). Bond-only investors averaged 6.6 out of 15 on stock/ETF questions (questions 1, 3, 6), indicating a knowledge gap. C?rdoba scored highest at 28.7 out of 40. Targeted education could address disparities and enhance market participation.},
      keywords = {Financial literacy, Argentina, Behavioral Finances, Emerging markets},
      month = {May},
  }