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{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2023,12,8]],"date-time":"2023-12-08T05:16:54Z","timestamp":1702012614523},"reference-count":82,"publisher":"MDPI AG","issue":"3","license":[{"start":{"date-parts":[[2023,3,1]],"date-time":"2023-03-01T00:00:00Z","timestamp":1677628800000},"content-version":"vor","delay-in-days":0,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0\/"}],"funder":[{"name":"JOACHIM HERZ STIFTUNG"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["JRFM"],"abstract":"<jats:p>The content of economic education in Germany is based largely on the laws and ideals of the prevailing economic system. While Western concepts such as the competitive market typically are addressed in economic programs in Germany, they may be unfamiliar in Eastern European countries that were part of, or under the influence of, the former Soviet Union, where many youths living in Germany originate. Findings from large-scale quantitative studies of economic and financial literacy in Germany indicate that people who have a migration background (MB) perform worse on tests of economic literacy than those who do not; however, these studies do not provide sufficient insight into the underlying migration-related causes of the deficits in economic literacy. In this study we investigate the influence of family financial socialization on young adults\u2019 understanding of economic and financial concepts. We interview eight young adults with a post-Soviet MB living in Germany using a two-part procedure: problem-centered and think-aloud interviews. We found that migrant parents directly and indirectly influenced their children\u2019s understanding of economic and financial concepts in numerous ways, and we maintain that the best way to remedy the deficits in their understanding of such concepts is through targeted programs and teacher training.<\/jats:p>","DOI":"10.3390\/jrfm16030165","type":"journal-article","created":{"date-parts":[[2023,3,2]],"date-time":"2023-03-02T06:39:21Z","timestamp":1677739161000},"page":"165","source":"Crossref","is-referenced-by-count":0,"title":["Challenges in Understanding Western Economic and Financial Concepts from the Perspective of Young Adults with a Post-Soviet Migration Background in Germany\u2014Findings from a Qualitative Interview Study"],"prefix":"10.3390","volume":"16","author":[{"ORCID":"http:\/\/orcid.org\/0009-0006-3911-0428","authenticated-orcid":false,"given":"Sebastian","family":"Heidel","sequence":"first","affiliation":[{"name":"Institute of Business and Economics Education, Faculty of Economics and Management Sciences, Leipzig University, 04109 Leipzig, Germany"}]},{"ORCID":"http:\/\/orcid.org\/0000-0001-6829-2909","authenticated-orcid":false,"given":"Roland","family":"Happ","sequence":"additional","affiliation":[{"name":"Institute of Business and Economics Education, Faculty of Economics and Management Sciences, Leipzig University, 04109 Leipzig, Germany"}]}],"member":"1968","published-online":{"date-parts":[[2023,3,1]]},"reference":[{"key":"ref_1","doi-asserted-by":"crossref","first-page":"133","DOI":"10.1023\/A:1026450103225","article-title":"Conceptions of the Transition to Adulthood: Perspectives from Adolescence Through Midlife","volume":"8","author":"Arnett","year":"2001","journal-title":"Journal of Adult Development"},{"key":"ref_2","unstructured":"Arnold, Eva A., Neuberger, Doris, Seukwa, Louis Henri, and Ulbricht, Dirk (2018). Finanzielle Allgemeinbildung Gefl\u00fcchteter in Deutschland: Eine qualitative Pilotstudie [Financial Literacy of Refugees in Germany: A Qualitative Pilot Study], University of Rostock. Available online: https:\/\/www.econstor.eu\/handle\/10419\/174509."},{"key":"ref_3","doi-asserted-by":"crossref","unstructured":"Nicolini, Gianni, and Cude, Brenda J. (2022). The Routledge Handbook of Financial Literacy, Routledge.","DOI":"10.4324\/9781003025221"},{"key":"ref_4","first-page":"1","article-title":"The gender question in economic education: Is it the teacher or th