Does Financial Education Impact Financial Literacy and Financial Behavior, and If So, When?

A meta-analysis of 126 impact evaluation studies finds that financial education significantly impacts financial behavior and, to an even larger extent, financial literacy. These results also hold for the subsample of randomized experiments (RCTs)....

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Bibliographic Details
Main Authors: Kaiser, Tim, Menkhoff, Lukas
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
Online Access:http://documents.worldbank.org/curated/en/144551502300810101/Does-financial-education-impact-financial-literacy-and-financial-behavior-and-if-so-when
http://hdl.handle.net/10986/27968