Based on a sample of university students, we provide evidence that a small-scale training intervention has both a statistically and economically significant effect on subjective and objective assessments of financial knowledge. We also show that the intervention increases self-assessed more than actual financial knowledge. The intervention consists of measuring financial literacy before and after a small on-line course and is administered through an on-line platform.

On the effect of financial education on financial literacy: evidence from a sample of college students

Agar Brugiavini;Danilo Cavapozzi;Mario Padula;Yuri Pettinicchi
2020-01-01

Abstract

Based on a sample of university students, we provide evidence that a small-scale training intervention has both a statistically and economically significant effect on subjective and objective assessments of financial knowledge. We also show that the intervention increases self-assessed more than actual financial knowledge. The intervention consists of measuring financial literacy before and after a small on-line course and is administered through an on-line platform.
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10278/3708111
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