The DOI matches its Crossref record; 11 of the 11 references it cites were found in a registry or an index.
Does Financial Education Impact Financial Literacy and Financial Behavior, and If So, When?
Open accessAbstract
In a meta-analysis of 126 impact evaluation studies, we find 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). However, intervention impacts are highly heterogeneous: financial education is less effective for low-income clients as well as in low- and lower-middle–income economies. Specific behaviors, such as the handling of debt, are more difficult to influence and mandatory financial education tentatively appears to be less effective. Thus, intervention success depends crucially on increasing education intensity and offering financial education at a “teachable moment.”
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Active learning increases student performance in science, engineering, and mathematics
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The Economic Importance of Financial Literacy: Theory and Evidence
Lusardi, A., & Mitchell, O. S. (2014) · Journal of Economic Literature · doi:10.1257/jel.52.1.5 · Cited by 4,698
Financial literacy and stock market participation
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Financial Literacy, Financial Education, and Downstream Financial Behaviors
Fernandes, D., Lynch, J. G., & Netemeyer, R. G. (2014) · Management Science · doi:10.1287/mnsc.2013.1849 · Cited by 2,152
A multifaceted program causes lasting progress for the very poor: Evidence from six countries
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Financial Literacy, Financial Education, and Economic Outcomes
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Optimal Financial Knowledge and Wealth Inequality
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Cited by
Does financial literacy improve financial inclusion? Cross country evidence
Grohmann, A., Klühs, T., & Menkhoff, L. (2018) · World Development · doi:10.1016/j.worlddev.2018.06.020 · Cited by 699
Self-citationFinancial Education Affects Financial Knowledge and Downstream Behaviors
Kaiser, T., Lusardi, A., Menkhoff, L., & Urban, C. (2022) · Journal of Financial Economics · doi:10.1016/j.jfineco.2021.09.022 · Cited by 508
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Metadata
- Authors
- Kaiser, T., & Menkhoff, L.
- Venue
- The World Bank Economic Review
- Publisher
- Oxford University Press (OUP)
- Published
- 2017-10-01
- Volume
- 31
- Issue
- 3
- Pages
- 611-630
- ISSN
- 0258-6770 (ISSN-L)
- 1564-698X
- OpenAlex
- W2311003321
- Cited by
- 434
- References
- 11
- FWCI
- 67.38
- Type
- journal article
- Language
- en
- Open access
- green
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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