The Effects of Financial Education on the Financial Knowledge of High School Students

By W. Walstad, Ken Rebeck, R. Macdonald. 2010

262 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/ecfa47c63cacf4b34961ae728c6998249075da29

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Citations in the corpus

A review of financial-literacy education programs for children and adolescents (2018, methodology): “The third category concerns investing in one’s own human capital, specifically by teaching students how to earn, manage, and save money, and build aspirations and expectations for postsecondary education and training (Berry et al., 2015; Schug and Hagedorn, 2006; Sherraden et al., 2007, 2011; Varcoe”
The Economic Importance of Financial Literacy: Theory and Evidence (2014, unknown): “Yet subsequent analyses (Walstad, Rebeck, and MacDonald 2010) pointed out that this research was incomplete as it did not account for course content, test measurement, teacher preparation, and amount of instruction.”
Financial literacy, financial advice, and financial behavior (2017, background): “One way to elicit potential changes in financial literacy levels involves measuring test-based literacy scores prior to educating subjects about the financial matters of interest and at some point in time after they have received the respective manipulation (e.g., Walstad et al. 2010).”
Consumer financial education and financial capability (2016, background): “Walstad et al. (2010) investigated the effects of a financial education program on high school students’ knowledge of personal finance and found that scores increased regardless of which course the curriculum was used in and across student characteristics.”
Teaching teenagers in finance: does it work? (2015, background): “A couple of recent studies focus on the im- pact of different programs on knowledge (Walstad et al., 2010, Bechetti and Pisani, 2012) or behavior on a virtual platform (Carlin and Robinson, 2012).”
The Impact of High School Financial Education: Evidence from a Large-Scale Evaluation in Brazil (2016, background): “Walstad et al. (2010) study the effects of a DVD-based curriculum for high school students – Financing Your Future.”
Financial education in schools: A meta-analysis of experimental studies (2020, background): “…Yes No 15 1,750 A, C, D 35 Sherraden et al. (2011) USA No Yes Elementary School 93 A 36 Supanataroek et al. (2016) Uganda Yes Yes 13 1,746 C, D 37 Walstad et al. (2010) USA No Yes High School 800 A Table A2: Outcome definitions Outcome category Definition A Financial knowledge (+) Raw score on…”
Determinants and Impacts of Financial Literacy in Cambodia and Viet Nam (2019, background): “Lusardi and Mitchell (2014) cite Walstad et al. (2010) as an example of a careful study that found significant impacts from a financial literacy study program.”
Visual tools and narratives: new ways to improve financial literacy* (2014, background): “Related work has also focused on financial education for young adults (examples include Walstad et al., 2010; Carlin and Robinson, 2012a, b; Bechetti et al., 2013; Brown et al., 2013; Lührmann et al. 2015).”