We employ a psychometrically validated performance test to study economic competence among a large and representative sample of early secondary school students in Southwest Germany. The rich dataset allows us to study variation in economic competence across school types and observable student...

We employ a psychometrically validated performance test to study economic competence among a large and representative sample of early secondary school students in Southwest Germany. The rich dataset allows us to study variation in economic competence across school types and observable student...

We administer an adapted version of the Test of Economic Competence (TEC) to a sample of secondary school students in Hong Kong and study the psychometric properties of the adapted scale relative to test statistics based on a sample of German secondary school students. The results indicate...

This paper aims to disentangle the factors determining the financial skills of young people in order to inspire effective policies aimed at improving the financial literacy of the population. PISA 2012 data is used. Special attention is paid to the sample selection and simultaneity biases that...

Many initiatives worldwide aim at improving financial literacy through targeted education programs, yet there is little evidence regarding their effectiveness. We examine the impact of a short financial education program on teenagers in German high schools. Our findings reveal that the training...

Im vorliegenden Beitrag werden verschiedene Konstrukte finanzieller Bildung verglichen, um Gemeinsamkeiten und Unterschiede herauszuarbeiten. Zum einen handelt es sich um das Verständnis von Financial Literacy, wie es von der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung...

We introduce a test of economic competence for German-speaking secondary school students and provide evidence from a large-scale assessment with 6,230 students from grades seven to ten. The article presents the development and psychometric properties of the scale, as well as an investigation of...

We present a 12-item scale measuring the cognitive component of economic competence and document the psychometric properties of the scale. Using a data set with more than 12,000 secondary school students in Germany, the scale shows high discriminatory power and covers a wide range of ability...

Im vorliegenden Beitrag werden verschiedene Konstrukte finanzieller Bildung verglichen, um Gemeinsamkeiten und Unterschiede herauszuarbeiten. Zum einen handelt es sich um das Verständnis von Financial Literacy, wie es von der Organisation für wirtschaftliche Zusammenarbeit und Entwicklung...