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2020 Meta-analysis.pdf

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Preview of 2020 meta-analysis
🔗 Source: nber.org
📊 Size: 1.1 MB
👤 Author: Tim Kaiser
⬇️ Downloads: 151

Summary

Financial education programs have positive causal treatment effects on financial knowledge and downstream financial behaviors, with treatment effects being economically meaningful in size. A meta-analysis of 76 randomized experiments with over 160,000 individuals found that financial education has a significant impact on financial knowledge and behaviors, with effect sizes similar to those in other educational domains. The estimated treatment effect is at least three times as large as previously reported, and the results are robust to different models and sample restrictions. The study found no differences in treatment effects for low-income individuals and the general population, and no strong evidence of a rapid decay in treatment effects over time.

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Description

Financial education programs have positive causal treatment effects on financial knowledge and downstream financial behaviors, with treatment effects being...

Technical Information

  • File Format: PDF
  • File Size: 1.1 MB
  • Pages: 40
  • Language: EN
  • Author: Tim Kaiser
  • Total Downloads: 151
  • Last Updated: 3 weeks ago

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