This paper aims to disentangle the factors determining the financial skills of young people in order to inspire effective policies aimed at improving the financial literacy of the population. PISA 2012 data is used. Special attention is paid to the sample selection and simultaneity biases that...

The introduction of broadband in schools provides a new resource for learning but also an opportunity for distraction. Consequently, broadband use in schools can either increase or reduce students' performance. This paper provides a model that shows how these two effects trade off. We use a rich...