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D Fernandes, JG Lynch Jr… - Management …, 2014 - pubsonline.informs.org

Financial literacy, financial education, and downstream financial behaviors.

education interventions

Fernandes, Lynch

GSID: chQQPke5MIoJ

Excerpt

… and of financial education to financial behaviors in 168 papers covering 201 prior studies. We find that interventions to improve financial … Like other education, financial education decays over time; even large interventions with many hours of instruction have negligible effects …

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