Are social interactions a source of information for taking financial decisions? In this video, Héctor Calvo Pardo explains the links between financial literacy, social interactions and investments. This video was recorded in July 2017 at a macroeconomics conference organised by the Bank of England.
Michalis Haliassos, Phil Thornton, 15 April 2016
Most people misthink financial matters, basing decisions on many factors beyond cold rational logic. This column discusses a new effort – that draws on insights from several disciplines and new data sets – to find ways of helping people better manage the challenges and risks of their personal financial decisions.
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