Financial Literacy and Investment Behavior in Argentina

• Author(s): Leandro Jorge Yacoubian
• Paper ID: 1708874
• Page: 1977-1982
• Published Date: 29-05-2025
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 8 Issue 11 May-2025

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. Córdoba 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

Citations

IRE Journals:
Leandro Jorge Yacoubian "Financial Literacy and Investment Behavior in Argentina" Iconic Research And Engineering Journals Volume 8 Issue 11 2025 Page 1977-1982

IEEE:
Leandro Jorge Yacoubian "Financial Literacy and Investment Behavior in Argentina" Iconic Research And Engineering Journals, 8(11)