Dean Karlan|James Berry|Menno Pradhan
The Impact of Financial Education for Youth in Ghana
Yale University|Kellogg's (Canada)|Centre for Economic Policy Research|National Bureau of Economic Research|Abdul Latif Jameel Poverty Action Lab|Massachusetts Institute of Technology|Cornell University|Vrije Universiteit Amsterdam|University of Amsterdam
evaluate using randomized trial two schoolbased financial literacy education programs governmentrun primary junior high schools ghana one program integrated financial social education whereas second program offered financial education programs included voluntary afterschool savings club provided students locked money box nine months programs significant impacts savings behavior relative control group mostly children moved savings home school observed impacts find financial education accompanied social education led children work compared control group whereas effect found integrated curriculum however difference two treatment effects child labor statistically significant