Publication:
Can You Help Someone Become Financially Capable?: A Meta-Analysis of the Literature

dc.contributor.authorMiller, Margaret
dc.contributor.authorReichelstein, Julia
dc.contributor.authorSalas, Christian
dc.contributor.authorZia, Bilal
dc.date.accessioned2017-02-02T21:25:59Z
dc.date.available2017-02-02T21:25:59Z
dc.date.issued2015-08
dc.description.abstractThis paper presents a systematic and comprehensive meta-analysis of the literature on financial education interventions that focuses on financial education studies designed to strengthen the financial knowledge and behaviors of consumers. The analysis identifies 188 papers and articles that present impact results of interventions designed to increase consumers' financial knowledge (financial literacy) or skills, attitudes, and behaviors (financial capability). These papers are diverse across a number of dimensions, including objectives of the program intervention, expected outcomes, intensity and duration of the intervention, delivery channel used, and type of population targeted. However, there are a few key outcome indicators where a subset of papers are comparable, including those that address savings behavior, defaults on loans, and financial skills such as record keeping. The results from the meta-analysis indicate that financial literacy and capability interventions can have a positive impact in some areas (e.g., increasing savings) but not in others (e.g., reducing loan defaults).en
dc.identifier.citationWorld Bank Research Observer
dc.identifier.doi10.1596/26000
dc.identifier.issn1564-6971
dc.identifier.urihttps://hdl.handle.net/10986/26000
dc.language.isoen_US
dc.publisherOxford University Press on behalf of the World Bank
dc.relation.ispartofseriesWorld Bank Research Observer
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectfinancial education
dc.subjectfinancial literacy
dc.subjectmeta analysis
dc.titleCan You Help Someone Become Financially Capable?en
dc.title.subtitleA Meta-Analysis of the Literatureen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.date.disclosure2017-02-02
okr.date.doiregistration2025-05-06T11:30:14.894345Z
okr.doctypePublications & Research::Journal Article
okr.doctypePublications & Research
okr.identifier.doi10.1093/wbro/lkv009
okr.journal.nbpages220-46
okr.language.supporteden
okr.peerreviewAcademic Peer Review
okr.region.administrativeAfrica
okr.topicEducation::Lifelong Learning
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.unitDECWD
okr.volume30(2)
relation.isJournalIssueOfPublicationc7d5e45d-3108-4b07-963b-1173baa9de07
relation.isJournalIssueOfPublication.latestForDiscoveryc7d5e45d-3108-4b07-963b-1173baa9de07
relation.isJournalOfPublication9e5fbe82-492f-4142-8378-17d50245d9de
relation.isJournalVolumeOfPublication86cbaf6c-0621-4403-996d-1b4d3d36f797
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