On the effect of financial education on financial literacy: evidence from a sample of college students

Agar Brugiavini, Danilo Cavapozzi (), Mario Padula and Yuri Pettinicchi

Journal of Pension Economics and Finance, 2020, vol. 19, issue 3, 344-352

Abstract: Based on a sample of university students, we provide evidence that a small-scale training intervention has both a statistically and economically significant effect on subjective and objective assessments of financial knowledge. We also show that the intervention increases self-assessed more than actual financial knowledge. The intervention consists of measuring financial literacy before and after a small on-line course and is administered through an on-line platform.

Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cup:jpenef:v:19:y:2020:i:3:p:344-352_4

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