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Impact evaluation of a financial education experiment
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Orientador(es)
Resumo(s)
Finanças para Todos is a free program consisting of five in-person classes that aims to increase
financial literacy across Portuguese adults. While applicants are, on average, more literate than
the Portuguese population and peers in developed economies, a randomized control trial
approach reveals improvements on financial literacy of 0.25 and 0.28 standard deviations in
knowledge and behaviors, respectively. The program ranks as one of the most effective
worldwide based on a comprehensive meta-analysis. Moreover, the program may help shrink
the literacy gaps between certain demographic groups, notably gender.
Descrição
Palavras-chave
Financial literacy Educational intervention Randomized control trial Finanças Para Todos