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Does financial education impact school attainment?

2024-10Documento de Trabalho Acesso aberto
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dc.contributor.authorChiavenato, Daniele
dc.contributor.authorMadeira, Ricardo
dc.contributor.authorVaccaro, Victor
dc.contributor.institutionNOVA School of Business and Economics (NOVA SBE)
dc.date.accessioned2025-03-27T21:20:19Z
dc.date.available2025-03-27T21:20:19Z
dc.date.issued2024-10
dc.description.abstractan an applied mathematics curriculum enhance student intrinsic motivation and improve math achievement? We tackle this question through a randomized control trial of a program that integrates financial education into the mathematics curriculum in Brazil. Spanning 190 public schools and over 15,000 students, our study reveals that the program significantly boosts students' interest in mathematics and enhances financial literacy and math performance, particularly among students from poorer socioeconomic backgrounds. Initially, the program strengthens these students' internal locus of control and broad interest in mathematics during the first year. By the second year's conclusion, it positively impacts their financial literacy, math proficiency, and specific socio-emotional skills crucial for the labor market. However, we do not observe significant changes in self-reported financial behaviors or attitudes as measured by a financial autonomy index.en
dc.description.versionpublishersversion
dc.description.versionpublished
dc.format.extent62
dc.format.extent1422666
dc.identifier.doi10.2139/ssrn.4992195
dc.identifier.otherPURE: 113781730
dc.identifier.otherPURE UUID: db38422b-b96c-4e41-b135-73392b268769
dc.identifier.urihttp://hdl.handle.net/10362/181573
dc.language.isoeng
dc.publisherUniversidade Nova de Lisboa School of Business and Economics (SBE)
dc.subjectFinancial Education
dc.subjectSocio-emotional Skills
dc.subjectYouth
dc.titleDoes financial education impact school attainment?en
dc.title.subtitleExperimental evidence from Brazilen
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccess

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