Relevant Literature

Relevant Literature

Literature Underpinning the National Strategy and its Initiatives

The design of the National Strategy for the Promotion of Financial Literacy and Education in Cyprus and the development of its related initiatives are grounded in international policy guidance, best practices, academic research, and Cyprus-specific evidence. The following literature serves as the foundational basis for identifying priority areas, thematic topics, and target groups.

International Frameworks and Guidelines

Measuring Financial Literacy: Results of the OECD / International Network on Financial Education (INFE) Pilot Study. OECD Working Papers on Finance, Insurance and Private Pensions No. 15.

Atkinson, A., & Messy, F.-A.

Financial Competence Framework for Children and Youth in the European Union

European Union/OECD

Financial Competence Framework for Adults in the European Union

European Union/OECD

A National Financial Literacy Strategy for Austria

International Survey of Adult Financial Literacy

International Survey of Adult Financial Literacy

National Strategies for Financial Education: OECD/INFE Policy Handbook.

Cyprus-Based Research and Surveys

Financial literacy and its influence on internet banking behavior. European Management Journal, 39, 658–674.

Andreou, P.C., & Anyfantaki, S.

Financial literacy for financial resilience: Evidence from Cyprus during the pandemic period. Cyprus Economic Policy Review, 17(1), 27–54

Andreou, P.C., Anyfantaki, S., & Atkinson, A.

Financial Knowledge Among University Students and Implications for Personal Debt and Fraudulent Investments. Cyprus Economic Policy Review, 12, 3–18.

Andreou, P.C., & Philip, D.

Financial education and spillover effects. Empirica, 1–29.

Kallenos, T., Milidonis, A., Nishiotis, G., & Zenios, S.

Financial Literacy in Cyprus: Results from the first comprehensive Central Bank of Cyprus survey. Working Papers 2024–2, Central Bank of Cyprus.

Kyriacou, G., Kallenos, T., Evangelou, I., Cleanthous, L., & Charalambous, C.

Financial Literacy in Cyprus.

Cyprus: from boom to bailin, Economic Policy 29, 639–689.

Michaelides, A.

Supporting International Academic Literature

The financial fragility of European households in the time of COVID-19. Policy Contribution 2020/15, Bruegel.

Demertzis, M., Domínguez-Jiménez, M., & Lusardi, A.

Financial literacy externalities. The Review of Financial Studies, 33(2), 950–989

Haliassos, M., Jansson, T., & Karabulut, Y.

Financial Literacy Around the World: Insights from the Standard & Poor’s Ratings Services Global Financial Literacy Survey. Washington: Standard & Poor’s.

Klapper, L., Lusardi, A., & van Oudheusden, P.

The Economic Importance of Financial Literacy: Theory and Evidence. Journal of Economic Literature.

Lusardi, A., & Mitchell, O.