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financial distress related to bill payment, retirement saving, and being late with a mortgage payment. Financial literacy and … financial literacy is important for the prevention of financial hardships, albeit, financial behavior emerges as having a …
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Based on a sample of university students, we provide field and laboratory evidence that a small scale training intervention has a both statistically and economically significant effect on subjective and objective assessments of financial knowledge. We also show that for a large part of students...
Persistent link: https://www.econbiz.de/10010485634
with an increase in the number of student loans in default. This study was conducted to determine the financial literacy of …
Persistent link: https://www.econbiz.de/10013081298
Based on a sample of university students, we provide field and laboratory evidence that a small scale training intervention has both a statistically and economically significant effect on subjective and objective assessments of financial knowledge. We show also that the intervention increases...
Persistent link: https://www.econbiz.de/10012061651
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