Publication:
The Impact of High School Financial Education : Experimental Evidence from Brazil

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dc.contributor.authorde Souza Leao, Luciana
dc.contributor.authorLegovini, Arianna
dc.contributor.authorMarchetti, Rogelio
dc.contributor.authorZia, Bilal
dc.contributor.authorBruhn, Miriam
dc.date.accessioned2014-02-05T19:30:26Z
dc.date.available2014-02-05T19:30:26Z
dc.date.issued2013-12
dc.description.abstractThis paper studies the impact of a comprehensive financial education program spanning six states, 868 schools, and approximately 20,000 high school students in Brazil through a randomized control trial. The program increased student financial knowledge by a quarter of a standard deviation and led to a 1.4 percentage point increase in saving for purchases, better likelihood of financial planning, and greater participation in household financial decisions by students. "Trickle-up" impacts on parents were also significant, with improvements in parent financial knowledge, savings, and spending behavior. The study also finds evidence that the program affected students' inter-temporal preferences and attitudes.en
dc.identifierhttp://documents.worldbank.org/curated/en/2013/12/18640673/impact-high-school-financial-education-experimental-evidence-brazil
dc.identifier.doi10.1596/1813-9450-6723
dc.identifier.urihttps://hdl.handle.net/10986/16940
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 6723
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectFINANCIAL PLANNING
dc.subjectHOUSEHOLD FINANCIAL DECISIONS
dc.subjectHIGH SCHOOL FINANCIAL EDUCATION
dc.subjectINTER-TEMPORAL ATTITUDES
dc.subjectPARENTAL FINANCIAL KNOWLEDGE
dc.subjectSAVINGS
dc.subjectSPENDING BEHAVIOR
dc.titleThe Impact of High School Financial Education : Experimental Evidence from Brazilen
dspace.entity.typePublication
okr.crossref.titleThe Impact of High School Financial Education: Experimental Evidence from Brazil
okr.date.disclosure2013-12-01
okr.date.doiregistration2025-04-10T09:17:21.968735Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2013/12/18640673/impact-high-school-financial-education-experimental-evidence-brazil
okr.globalpracticeEducation
okr.globalpracticeFinance and Markets
okr.guid753501468015879809
okr.identifier.doi10.1596/1813-9450-6723
okr.identifier.externaldocumentum000158349_20131212094211
okr.identifier.internaldocumentum18640673
okr.identifier.reportWPS6723
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/12/12/000158349_20131212094211/Rendered/PDF/WPS6723.pdfen
okr.region.administrativeLatin America and Caribbean
okr.region.countryBrazil
okr.topicSecondary Education
okr.topicFinance and Financial Sector Development::Financial Literacy
okr.topicEducation::Primary Education
okr.topicEducation::Education For All
okr.topicTertiary Education
okr.unitFinance and Private Sector Development and the Development Impact Evaluation Teams, Development Research Group; and the Finance and Private Sector, Latin America and the Caribbean Region
okr.volume1 of 1
relation.isAuthorOfPublication471c8982-45ac-42cd-87d0-3e505bd1a972
relation.isAuthorOfPublication.latestForDiscovery471c8982-45ac-42cd-87d0-3e505bd1a972
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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