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Prior studies disagree regarding the effectiveness of financial education programs, especially those offered in the … endogenous financial knowledge accumulation to investigate how financial education programs optimally shape wealth accumulation …; in such an instance, financial education delivered to employees around the age of 40 can raise savings at retirement by …
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In this paper, we undertake an assessment of the rapidly growing body of research on financial literacy. We start with an overview of theoretical research which casts financial knowledge as a form of investment in human capital. Endogenizing financial knowledge has important implications for...
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In this paper, we undertake an assessment of the rapidly growing body of research on financial literacy. We start with an overview of theoretical research which casts financial knowledge as a form of investment in human capital. Endogenizing financial knowledge has important implications for...
Persistent link: https://www.econbiz.de/10013083409
In this paper, we undertake an assessment of the rapidly growing body of research on financial literacy. We start with an overview of theoretical research which costs financial knowledge as a form of investment in human capital. Endogenizing financial knowledge has important implications for...
Persistent link: https://www.econbiz.de/10013083975
education whose parents were not wealthy. These findings have implications for consumer policy …
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