A Multidimensional Approach to Measuring Vulnerability to Poverty of Syrian Refugees in Lebanon

Lyons, Angela C.; Kass-Hanna, Joséphine; Castano, Alejandro Montoya; Greenlee, Andrew J.

doi:10.2139/ssrn.3787795

Cited by 5 publications

(3 citation statements)

References 23 publications

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“…Note that there are other weighting schemes that can be used. For instance, researchers may assign weights based on the importance and relevance of each dimension to the overall index (e.g., European Commission, 2019; Lyons & Kass-Hanna, 2020a;Lyons, Kass-Hanna, & Montoya Castaño, 2021;OECD, 2008;UNDP, 2019). In these cases, researchers must provide ample empirical justification for the weighting assignments.…”

Section: Weighting Multidimensional Indicesmentioning

confidence: 99%

“…The human development and poverty literature have a long history of exploring various ways to establish cutoffs to determine levels of well-being. In this respect, FL researchers have much to gain in reviewing the criteria and methods that have been used to set thresholds for human development, food security, and poverty (e.g., Alkire & Foster, 2011;Alkire & Santos, 2014;Cerioli & Zani, 1990;Lyons, Kass-Hanna, & Montoya Castaño, 2021).…”

Section: Weighting Multidimensional Indicesmentioning

confidence: 99%

“…Researchers are encouraged to read the original studies from which Hizgilov and Silber (2020) base their work. See also Lyons, Kass-Hanna, and Montoya Castaño (2021).…”

Section: Weighting Multidimensional Indicesmentioning

confidence: 99%

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A methodological overview to defining and measuring “digital” financial literacy

Lyons

Kass-Hanna

2021

Fin Plan Rev

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Researchers and financial practitioners alike recognize the importance of defining and measuring financial literacy (FL) to better understand its relationship to financial behavior and decision-making. Despite many efforts, there is still no widely accepted definition or methodological approach for measuring FL. The rapid expansion of digital financial services (DFS), which promises to enhance financial inclusion and improve personal financial management, has brought to light a new challenge: linking FL to digital literacy (DL) and assessing their dual effect on financial outcomes. Recent research has even proposed a framework to operationalize the emerging concept of digital financial literacy (DFL), as traditional FL definitions and metrics have become insufficient to capture the specificities of financial services within a digital context. This survey article discusses empirical research techniques being used to assess FL, DL, and most recently DFL. It highlights the characteristics and limitations of these approaches and suggests ways to address some of the challenges related to the construction, testing, weighting, and standardization of multidimensional measures, as well as methodological issues related to modeling and estimation. The article is a helpful guide to researchers and practitioners interested in FL in general and in the emerging concept of "digital" financial literacy.

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Section: Weighting Multidimensional Indicesmentioning

confidence: 99%