Financial Literacy Among American Indians and Alaska Natives
by John L. Murphy, Alicia Gourd, and Faith Begay
Research and Statistics Note No. 2014-04 (released August 2014)
Research and Statistics Note No. 2014-04 (released August 2014)
| Question | AIAN | Black | Asian |
|---|---|---|---|
| 1 | 0 | 1 | 13 |
| 2 | -28 | -2 | 1 |
| 3 | -4 | -1 | -8 |
| 4 | -10 | -2 | 6 |
| 5 | -31 | -17 | -8 |
| 6 | -11 | -12 | 2 |
| 7 | -21 | -7 | 23 |
| 8 | -2 | -10 | -2 |
| 9 | -14 | -7 | -1 |
| 10 | -18 | -7 | -5 |
| 11 | -20 | -17 | 6 |
| 12 | -18 | -8 | -3 |
| 13 | -21 | -5 | 1 |
| 14 | -23 | -10 | 7 |
| 15 | -8 | -16 | -8 |
| 16 | -1 | -9 | 6 |
| 17 | -29 | -17 | -6 |
| 18 | -20 | -9 | 5 |
| SOURCE: Authors' derivations based on 2,817 Health and Retirement Study cases, using the 2008 (Module 8) FSIDM questionnaire and associated response data. | |||
| NOTES: AIAN = American Indian and Alaska Native; FSIDM = financial sophistication and investment decision making. | |||