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

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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.

Publikationsdetails

Agar Brugiavini

Danilo Cavapozzi

Mario Padula

Pettinicchi-yuri

Yuri Pettinicchi