Unpacking the Causal Chain of Financial Literacy

Unpacking the Causal Chain of Financial Literacy

A growing body of literature examines the causal impact of financial literacy on individual, household, and firm level outcomes. This paper unpacks the mechanism of impact by focusing on the first link in the causal chain. Specifically, it studies...

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Bibliographic Details
Main Authors: Carpena, Fenella, Cole, Shawn, Shapiro, Jeremy, Zia, Bilal
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCESS TO FINANCE
ACCOUNTING
APR
ARITHMETIC
AVERAGE SCORE
BANK ACCOUNT
BASIC FINANCIAL LITERACY
BORROWING
BORROWING MONEY
BUDGETING
BUSINESS EDUCATION
BUSINESS SCHOOL
BUSINESS TRAINING
CALCULATIONS
CASH PAYMENT
CHECKS
CHILD CARE
CLASSROOM
CLASSROOM SESSION
CLASSROOM SESSIONS
CONSUMER
CONSUMER FINANCE
CONSUMER PROTECTION
CONSUMER PROTECTION MEASURES
CONSUMERS
CONTRIBUTION
DEBT
DECISION MAKING
DEMAND FOR SAVINGS
DEPOSIT
DEPOSIT INSURANCE
DEVELOPMENT BANK
DISCOUNT RATE
DISCOUNT RATES
DIVERSIFICATION
EARNINGS
ECONOMIC DECISIONS
ELEMENTARY SCHOOL
EMPLOYEE
EMPLOYEE BENEFITS
ENROLLMENT
ENTREPRENEURS
EXPENDITURE
EXPENDITURES
FARM ENTERPRISE
FINANCIAL ADVICE
FINANCIAL BEHAVIOR
FINANCIAL CHOICES
FINANCIAL CONCEPTS
FINANCIAL CURRICULUM
FINANCIAL DECISION
FINANCIAL DECISIONS
FINANCIAL EDUCATION
FINANCIAL EDUCATION PROGRAM
FINANCIAL EDUCATION PROGRAMS
FINANCIAL INCENTIVE
FINANCIAL INCENTIVES
FINANCIAL INSTRUMENTS
FINANCIAL KNOWLEDGE
FINANCIAL LITERACY
FINANCIAL LITERACY EDUCATION
FINANCIAL LITERACY PROGRAM
FINANCIAL LITERACY PROGRAMS
FINANCIAL LITERACY SURVEYS
FINANCIAL LITERACY TRAINING
FINANCIAL MANAGEMENT
FINANCIAL MATTERS
FINANCIAL OPTIONS
FINANCIAL OUTCOMES
FINANCIAL PRODUCT
FINANCIAL PRODUCTS
FINANCIAL PROVIDERS
FINANCIAL REFORM
FINANCIAL SERVICES
FINANCIAL SOPHISTICATION
FORMAL FINANCIAL SERVICES
GENDER
GENERAL POPULATION
HEALTH EDUCATION
HEALTH INSURANCE
HEALTH TRAINING
HIGH SCHOOL
HOUSEHOLD FINANCE
HOUSEHOLD INCOME
HOUSEHOLDS
HUSBAND
INCOMES
INFLATION
INFORMAL SAVINGS
INFORMED FINANCIAL CHOICES
INHERITANCE
INSTALLMENT
INSURANCE
INSURANCE POLICY
INTEREST RATE
INTEREST RATES
INTERNATIONAL BANK
INTERVENTIONS
INVESTING
KNOWLEDGE TEST
LENDER
LIFE INSURANCE
LIFE INSURANCE POLICY
LIMITED FINANCIAL LITERACY
LITERACY LEVELS
LITERACY TEST
LOAN
LOAN PROCESSING
LOAN REPAYMENT
LOW-INCOME
MATH
MATHEMATICS
MEDICAL INSURANCE
MFI
MICRO-ENTREPRENEURS
MICROFINANCE
MONETARY INCENTIVES
MONEY LENDER
MONEYLENDER
MONEYLENDERS
MONTHLY INCOME
MORTGAGE
MORTGAGE CHOICE
NUMERACY
PAYDAY LOAN
PEOPLES
PREGNANT WOMEN
PROBABILITY
PUBLIC ECONOMICS
RENTS
REPAYMENT
RETIREMENT
RETIREMENT PLAN
RETIREMENT READINESS
RETIREMENT SAVINGS
RETIREMENT SAVINGS ACCOUNTS
RISK AVERSION
SAVING MONEY
SAVINGS
SAVINGS ACCOUNT
SAVINGS BEHAVIOR
SAVINGS INSTRUMENTS
SAVINGS OPTION
SAVINGS PRODUCT
SCHOOLING
SECONDARY SCHOOL
SMALL LOAN
SOCIAL PROCESSES
STOCK MUTUAL FUND
SUPPLY OF CREDIT
TEACHING
TRAINING CENTER
TRAINING PROGRAM
URBAN DEVELOPMENT
VALUE OF MONEY
VITAMIN A
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110919154530
http://hdl.handle.net/10986/3562

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110919154530
http://hdl.handle.net/10986/3562

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