A new GLO Discussion Paper evaluates the impact of an economic and financial education program targeted to senior high-school students and finds positive effects.
GLO Discussion Paper No. 881, 2021
Financial education for youth: A randomized evaluation in Uruguay – Download PDF
by Borraz, Fernando & Caro, Ana & Caño-Guiral, Maira & Roa, María José
GLO Fellow Fernando Borraz
Author Abstract: Using data from a randomized control trial in Uruguay, we evaluate the impact of an economic and financial education program targeted to senior high-school students. The program is based on an innovative playful approach workshop about monetary policy and financial supervision. We find that the workshop has a positive and significant impact on student knowledge. Our results shed light on the importance of economic and financial education for the youth in developing countries.
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