Download or read book Financial Literacy. A Conceptual Review. Research Paper Prepared for the Task Force on Financial Literacy written by T. Scott Murray and published by . This book was released on 2011 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report (51 pages) for the Task Force on Financial Literacy looks at how the conception of financial literacy relates to established notions of skill and how the financial skills of adult Canadians are likely to evolve over the medium term with and without the implementation of Task Force recommendations. The findings suggest that in the absence of greatly increased levels of investment, the proportion of adults with low levels of literacy skill will remain stable at about 40 per cent of the Canadian population out to 2031. Table of contents: * Executive Summary * Introduction * Background * Improving the Efficiency of the Market for Financial Literacy: A Markets Model of Financial Literacy (The Reliability of Information. The Currency of Information. Barriers to Access. Financial Literacy as a Barrier to Coping. A Typology of Skill. Financial Literacy Is a Composite Skill. The Hierarchical Relationship among Skill Domains Implies an Instructional Sequence. A Markets Model of Skill. Financial Literacy Is a Relative Concept. Influencing Demand. Influencing the Supply of Financial Literacy Skills) * How the Financial Literacy Skills of the Population Are Likely to Change over the Medium Term * Raising the Financial Literacy Skills of Adults through Remedial Instruction * Summary and Conclusions * Annex A: Predictive Scoring Models for Task Difficulty in Prose Literacy, Document Literacy and Numeracy * Annex B: References * Statistical Tables.