Financial literacy is a very important skill because it helps individuals to make effective and deliberate financial decisions. Nowadays, during the COVID-19 outbreak, the topic of financial literacy is even more relevant than ever before. The pandemic treats different people very differently, depending on the education, profession and … financial literacy.
The following topics will be discussed during the webinar:
- The concept of financial literacy and how it is related to different economic outcomes, especially to preparation for adverse economic shocks;
- The empirical evidence of the importance of financial literacy in the COVID-19 shock;
- Changes in consumer behavior in the United States and Europe due to COVID-19 outbreak;
- Advice on how individuals can improve their financial preparedness for economic shocks.
NB! The event will take place via the Zoom platform on March 24, at 4 PM (Vilnius time). The link to the webinar will be available after registration. Click here to sign up.
The host of the webinar, Panu Kalmi is a Professor of economics at the University of Vaasa, Finland, the vice leader of the Digiconsumers research project and a council member of the European Association of Economics Education. He got Ph.D. in economics at Copenhagen Business School. The main research interest of Professor Panu Kalmi is financial literacy and how it can be improved by financial education.
The event will be moderated by EHU MA student Viyaleta Volkava. Language of the event is English.