In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those … between the concepts of, and the relationships between, financial education, financial literacy and financial behavior to … identify the true effects of financial education. The review addresses possible biases caused by third factors such as numeracy …

In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those … between the concepts of, and the relationships between, financial education, financial literacy and financial behavior to … identify the true effects of financial education. The review addresses possible biases caused by third factors such as numeracy …

top of the education and income distribution (upward mobility) has increased. On the other hand, for children whose …

We develop a model of education where individuals face educational risk. Successfully entering the skilled labor sector … depends on individual effort in education and public resources, but educational risk still causes (income) inequality. We show …, because combining skill-specific tuition fees and public education spending provide both insurance and redistribution at lower …