A Literature Review on the Effectiveness of Financial Education

By Matthew Martin. 2007

118 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/56c0b9ce56d916e4e6acc27ff97070f6d5848964

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Citations in the corpus

Financial Literacy: What Works? How Could it be More Effective? (2010, unknown): “…through the mid-1980s and tends to focus on 1 Earlier reviews of financial literacy or financial education efforts, with somewhat different focus from this one, include Braunstein and Welch (2002), Martin (2007) and Lusardi and Mitchell (2009a). overall financial responsibility and record-keeping.”
Handbook of Consumer Finance Research (2008, background): “Although limited in number and scope, research has shown that homeownership counseling has a strong impact on all borrowing decisions because it makes borrowers more fully aware of the choices available (Martin, 2007 ).”
Consumer financial education and financial capability (2016, background): “Martin (2007) found that financial education is necessary and that many existing approaches are effective.”
Financial Illiteracy and Stock Market Participation: Evidence from the RAND American Life Panel (2010, unknown): “van Rooij et al. (2007) argue that self-reported economics education is a valid instrument in the Netherlands because economics education is available in high school and confined to formal schooling.”
The Economic Importance of Financial Literacy: Theory and Evidence (2014, unknown): “…partial list of the literature discussing new theoretical advances includes Cagetti (2003); Chai, Horneff, Maurer, and Mitchell (2012); DeNardi, French, and Jones (2011); French (2005, 2008); Gourinchas and Parker (2002); Hurst and Aguiar (2005, 2007); and Scholz, Seshadri, and Khitatrakun (2006).”
Financial literacy and over-indebtedness in low-income households (2016, background): “A programme would promote awareness of finances, managing bills and budgeting and would target those in financial difficulties as programmes need to be targeted at specific audiences with needs that are currently pressing (Martin 2007; Agarwal et al. 2009; 2010; Lusardi and Mitchell 2014).”
Can You Help Someone Become Financially Capable?: A Meta-Analysis of the Literature (2015, background): “…literature survey papers.6 In only two instances do the survey papers have enough common papers to result in a correlation coefficient above 0.2 (Martin 2007 with Hathaway and Khatiwada 2008, and Collins and O’Rourke 2010 with Agarwal et al. 2010), which is a relatively low level of correlation.”
FINANCIAL LITERACY, FINANCIAL EDUCATION AND ECONOMIC OUTCOMES (2012, unknown): “As expected, those who believe that financial education works favor more financial education (Hogarth 2006,Martin 2007, Lusardi &Mitchell 2007).”