On the Effect of Financial Education on Financial Literacy: Evidence from a Sample of College Students | Munich Center for the Economics of Aging - MEA
Home

Publications

Publication Series of the MPI for Social Policy

On the Effect of Financial Education on Financial Literacy: Evidence from a Sample of College Students

Content

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.

Publication Details

Agar Brugiavini

Danilo Cavapozzi

Mario Padula

Pettinicchi-yuri

Yuri Pettinicchi