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

Stephan Meier and Charles Sprenger

Journal of Economic Behavior & Organization, 2013, vol. 95, issue C, 159-174

Abstract: 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?

Keywords: Financial literacy; Time preferences; Selection; Experiments (search for similar items in EconPapers)
JEL-codes: C93 D03 D14 D91 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (96)

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Working Paper: Discounting Financial Literacy: Time Preferences and Participation in Financial Education Programs (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jeborg:v:95:y:2013:i:c:p:159-174

DOI: 10.1016/j.jebo.2012.02.024

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