| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14741 |
| DP14741 Financial education affects financial knowledge and downstream behaviors | |
| Tim Kaiser; Annamaria Lusardi; Lukas Menkhoff; Carly Urban | |
| 发表日期 | 2020-05-10 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We study the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 randomized experiments with a total sample size of over 160,000 individuals. The evidence shows that financial education programs have, on average, positive causal treatment effects on financial knowledge and downstream financial behaviors. Treatment effects are economically meaningful in size, similar to those realized by educational interventions in other domains and are at least three times as large as the average effect documented in earlier work. These results are robust to the method used, restricting the sample to papers published in top economics journals, including only studies with adequate power, and accounting for publication selection bias in the literature. We conclude with a discussion of the cost-effectiveness of financial education interventions. |
| 主题 | Financial Economics |
| 关键词 | Financial education Financial literacy Financial behavior Rct Meta-analysis |
| URL | https://cepr.org/publications/dp14741 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543664 |
| 推荐引用方式 GB/T 7714 | Tim Kaiser,Annamaria Lusardi,Lukas Menkhoff,et al. DP14741 Financial education affects financial knowledge and downstream behaviors. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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