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Evidence on the effectiveness of financial education and formal savings account access is lacking, particularly for youth. We randomly assign 250 youth clubs to receive either financial education, access to a cheap group account, or both. The financial education treatments increase financial...
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Savings accounts are owned by most households, but little is known about the performance of households' investments. We … create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data … associated with a 13% increase compared to the median interest rate. We isolate the usage of modern technology (online accounts …
Persistent link: https://www.econbiz.de/10010508482
Savings accounts are owned by most households, but little is known about the performance of households' investments. We … create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data … with a 12% increase compared to the median interest rate. We isolate the usage of modern technology (online accounts) as …
Persistent link: https://www.econbiz.de/10013014617
Savings accounts are owned by most households, but little is known about the performance of households' investments. We … create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data … with a 12% increase compared to the median interest rate. We isolate the usage of modern technology (online accounts) as …
Persistent link: https://www.econbiz.de/10012973752
Savings accounts are owned by most households, but little is known about the performance of households' investments. We … create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data … with a 12% increase compared to the median interest rate. We isolate the usage of modern technology (online accounts) as …
Persistent link: https://www.econbiz.de/10013009883