the lessons ofhigh-income countries with financial literacy programs and the deviating characteristics of lowand middle … income countries. While progress has been made in high-income countries tomeasure financial capability, there is little …

‘income’). This is the caseeven when estimating individual fixed effects of the differential returns to education for spellsin … instrumentalvariables to cope with the endogenous nature of education in income equations. Finally, wefind (indirect) support for the …