期刊名称:International Journal of Academic Research in Business and Social Sciences
电子版ISSN:2222-6990
出版年度:2019
卷号:9
期号:5
页码:987-995
DOI:10.6007/IJARBSS/v9-i5/6125
语种:English
出版社:Human Resource Management Academic Research Society
摘要:The aftermath of the 2008 world financial crisis has stimulated a lot of research regarding individual and household debt. Studies pertaining individual and household debt generally discussed the element of financial literacy and its connection with individual and household indebtedness, however there was a lack of discussion on debt literacy. The objective of this article is to review the definition and measurement of debt literacy, a more specific aspect of financial literacy. The study is conducted by critically reviewing articles with a search word “debt literacy” in SCOPUS database in December 2018. The findings of this paper highlight common definitions and measurements of debt literacy, and suggest an appropriate definition and measurement for future research.