This paper reports a snapshot of the current state of high school economic education in five Eastern European nations. The findings of this paper indicate that the 20-item TEL that was developed and translated for use in this project is a reliable instrument for use in high school classrooms in...

This study uses a combined measure of financial literacy or financial knowledge that includes both a test score of actual financial knowledge and a self-assessment of overall financial knowledge. The combined measure provides greater understanding about how financial knowledge affects financial...