Does Financial Education Impact Financial Literacy and Financial Behavior, and if so, When?
- Publisher: World Bank, Washington, DC
Collaborative Research Center Transregio "Rationality and Competition" | D14 | FINANCIAL BEHAVIOR | META-ANALYSIS | I21 | FINANCIAL INCLUSION | IMPACT EVALUATION | FINANCIAL EDUCATION | RANDOMIZED CONTROL TRIAL | FINANCIAL LITERACY | META-REGRESSION
A meta-analysis of 126 impact evaluation
studies finds that financial education significantly impacts
financial behavior and, to an even larger extent, financial
literacy. These results also hold for the subsample of