2025/08/21 by Xu Cui, Cui Xu, Jing Jian Xiao +2
Business, Management and Accounting · Medicine · Psychology · Social Sciences · #Business #Finance #Financial Literacy, Pension, Retirement Analysis #Financial literacy #Gerontology #Intergenerational Family Dynamics and Caregiving #Literacy #Medicine #Pedagogy #Psychology #Retirement, Disability, and Employment
paper · doi:10.1111/joca.70023
crossref issued 2025/08/21 · crossref published 2025/08/21 · crossref published-online 2025/08/21 · openalex publication_date 2025/08/21 · crossref created 2025/08/21 · crossref published-print 2025/09/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/06/20 · crossref deposited 2026/08/05 · crossref indexed 2026/08/05
ABSTRACT The financial literacy of the elderly is important in an aging society. However, even though online shopping has been integrated into the daily lives of many elderly people, the relationship between online shopping and financial literacy among the elderly remains underresearched. In this study, we examine the relationship between online shopping and financial literacy among the elderly with data from the China Household Finance Survey. We find that online shopping is positively associated with financial literacy among the elderly. The relationship is mediated through obtaining financial information online and engaging in online financial practices. The correlation is stronger for those with better health status, higher education level, higher openness to experience, greater extraversion, and greater economic capacity, while gender differences are not pronounced. Moreover, it is more pronounced among the elderly in urban areas than in rural areas.