The Long-Term Impact of High School Financial Education: Evidence from Brazil

Miriam Bruhn, Gabriel Garber, Sergio Koyama and Bilal Husnain Zia

No 10131, Policy Research Working Paper Series from The World Bank

Abstract: In 2011, the impact of a comprehensive financial education program was studied through a randomized controlled trial with 892 high schools in six Brazilian states. Using administrative data, this paper follows 16,000 students for the next nine years. The short-term findings were that the treatment students used expensive credit and were behind on payments. By contrast, in the long-term, treatment students were less likely to borrow from expensive sources and to have loans with late payments than control students. Treatment students were also more likely to own microenterprises and less likely to be formally employed than control students.

Date: 2022-07-26
New Economics Papers: this item is included in nep-edu, nep-fle and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://documents.worldbank.org/curated/en/09973910 ... 9dc04d3ca45dc713.pdf (application/pdf)

Related works:
Working Paper: The Long-Term Impact of High School Financial Education: evidence from Brazil (2022)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:10131

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().