Discounting financial literacy: Time preferences and participation in financial education programs

Many policymakers and economists argue that financial literacy is key to financial well-being. But why do many individuals remain financially illiterate despite the benefits of being financially informed?

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Year of publication:	2013
Authors:	Meier, Stephan ; Sprenger, Charles D.
Published in:	Journal of Economic Behavior & Organization. - Elsevier, ISSN 0167-2681. - Vol. 95.2013, C, p. 159-174
Publisher:	Elsevier
Subject:	Financial literacy \| Time preferences \| Selection \| Experiments

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Type of publication:	Article
Classification:	D03 - Behavioral Economics; Underlying Principles ; D14 - Personal Finance ; D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving ; C93 - Field Experiments
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010719277