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the tools needed to teach financial literacy to individual debtors. Trained teachers reported satisfaction with their …
Persistent link: https://www.econbiz.de/10013083170
Financial literacy predicts informed financial decisions, but what explains financial literacy? We use the concept of … compile twelve relevant childhood characteristics in a new survey study and examine their relation to financial literacy … school positively affect the financial literacy of adults. Moreover, financial literacy and school related variables also …
Persistent link: https://www.econbiz.de/10013014911
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/10013018449
This paper introduces the concept of sustainable finance literacy, which refers to retail investors' knowledge of … households and measure different literacy concepts using two complementary approaches. First, we use traditional multiple … that Swiss households, which typically show high financial literacy by international standards, exhibit a low level of …
Persistent link: https://www.econbiz.de/10012800915
Financial literacy education is one of lifelong assets that every individual needs to function and fit well in modern … financial literacy education and its implication on the economic and social life of the teacher in the Upper East Region of … literacy among participants which can poorly affect their daily financial management. The financially literate has the …
Persistent link: https://www.econbiz.de/10013242512
attempt to correct these biases using a low-touch financial literacy intervention within a randomized encouragement design at … results suggest that spending one dollar incentivizing financial literacy in this context leads to tuition savings of $115 …
Persistent link: https://www.econbiz.de/10013292093
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