Antonia Grohmann, Lukas Menkhoff, Helke Seitz
- 14.06.2019| Development Economics and Policy: 2019 Annual Conference of the Verein für Socialpolitik Research Group on Development Economics
In a meta-regression analysis of 115 microeconometric impact evaluation studies we find that financial education significantly impacts financial behavior, and to an even larger extent financial literacy. These results also hold for the subsample of RCTs. However, intervention impacts are highly heterogeneous: Financial education is less effective in low- and medium income countries; some target...
Tim Kaiser, Lukas Menkhoff
| Joint Vienna Institute