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This paper studies whether school-based financial education has spillover effects from children to parents. Leveraging … data from a large-scale experiment with public high schools in Peru and credit bureau records on the parents of the youth … b ehavior. Financial education lessons in the school yield limited average spillover effects, but lead to sizable …
Persistent link: https://www.econbiz.de/10014471205
This paper studies whether school-based financial education has spillover effects from children to parents. Leveraging … data from a large-scale experiment with public high schools in Peru and credit bureau records on the parents of the youth … behavior. Financial education lessons in the school yield limited average spillover effects, but lead to sizable effects on …
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Purpose: The moderating effect of parental income on parental financial behaviour and financial literacy is increasingly becoming important. The objective of this study was to determine whether the relationship between parental financial behaviour and financial literacy of young adults is...
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