Verónica Frisancho
The impact of financial education for youth
Inter-American Development Bank
paper evaluates excitement schoolbased financial education warranted first relying recent experimental evidence paper takes stock impact financial education programs aimed reaching children youth second complements existing studies focusing potentially negative unintended effects programs relying data largescale randomized controlled trial rct peru paper investigates whether financial education programs spillover effects academic outcomes widen initial inequalities due heterogeneous treatment impacts delivery models incorporate mandatory course requirement yield large robust impacts financial literacy voluntary afterschool programs yield meager effects gains come cost pervasive effects probability pass grade moreover impact schoolbased financial education seems inclusive treatment effects tend uniform across different subsamples