Katie’s Questions on Financial Practices research

1) Logistic regression and causality (look at page 316 of Hilgert and Hogarth, 2003).

2) Important idea to look at: “hierarchy” of financial practices.  Hilgert and Hogarth discuss a hierarchy that goes from cash flow management, to credit, to savings, to investment.  Buckland et al., in their literature review, discuss Lusardi’s concept of “basic” versus “advanced” literacies – she says that people with low income do not need advanced literacy.  How does this inform policy/interventions for low income people? (This is more of a rhetorical question – an idea that we can return to later on).

3) Look at concept of statistical significance.

 

 

Leave a Reply

Blog authors are solely responsible for the content of the blogs listed in the directory. Neither the content of these blogs, nor the links to other web sites, are screened, approved, reviewed or endorsed by McGill University. The text and other material on these blogs are the opinion of the specific author and are not statements of advice, opinion, or information of McGill.