Regional Differences in Income and Involvement in the Use of DFS as Factors of Influence on the Population Financial Literacy
- 10.2991/aebmr.k.200509.013How to use a DOI?
- financial literacy, household financial resources, digital financial services
The article attempts to analyze the impact of regional differences in income and activity of using digital financial services (DFS) on the financial literacy of the population. The authors proceeded from the hypothesis that the effect of concentration of financial activity in large federal centers of the Russian Federation on other territories, in particular, the Sverdlovsk region, is approximated. The main research hypothesis is that the regular and active use of digital financial services is more inherent with people living in large settlements and having a relatively higher income; these two factors have a decisive influence on the level of financial literacy. The use of constantly developing digital financial services in everyday life allows people to visualize the dynamics of their financial capabilities, analyze and adjust the structure of financial resources, which increases financial knowledge and strengthens skills.
- © 2020, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Elena Razumovskaya AU - Denis Razumovskiy PY - 2020 DA - 2020/05/12 TI - Regional Differences in Income and Involvement in the Use of DFS as Factors of Influence on the Population Financial Literacy BT - Proceedings of the International Conference on Economics, Management and Technologies 2020 (ICEMT 2020) PB - Atlantis Press SP - 64 EP - 70 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.200509.013 DO - 10.2991/aebmr.k.200509.013 ID - Razumovskaya2020 ER -