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Gender Differences in Financial Education: Evidence from Primary School

Matteo Migheli () and Flavia Coda Moscarola ()

De Economist, 2017, vol. 165, issue 3, No 4, 347 pages

Abstract: Abstract Today, financial and economic education is a primary issue in academia and among policy makers, and there is great interest towards programmes that are able to boost it. In this paper, we test whether a programme (“treatment”) of financial education on savings, targeted to children aged 8 and 9 is effective and to what extent. We measure the interest rate required by the children before and after the treatment to accept postponing a reward, computing its variation and comparing this with that of a control group. We find evidence that the overall initiative is helpful in decreasing the level of impatience of children and the number of inconsistent choices of boys. Our findings invite to reflect on the gender neutrality of programmes of financial education.

Keywords: Children; Financial and economic literacy; Savings; Field study (search for similar items in EconPapers)
JEL-codes: A20 C93 G02 (search for similar items in EconPapers)
Date: 2017
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DOI: 10.1007/s10645-017-9300-0

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