The minimal impact of a large-scale financial education program in Mexico City

Journal of Development Economics

Volumn 108, Issue , 2014, Pages 184-189

  Bruhn, Miriam ^a   Lara Ibarra, Gabriel ^a   McKenzie, David ^a  

^a WORLD BANK   (United States)

Author keywords

Encouragement design; Financial capability; Financial literacy; Low take up

Indexed keywords

EDUCATION; FINANCE; INCENTIVE; LITERACY; LOGISTICS; SAVINGS; TRAINING;

FEDERAL DISTRICT [MEXICO]; MEXICO [NORTH AMERICA]; MEXICO CITY; LATIN AMERICA;

EID: 84897864312     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jdeveco.2014.02.009     Document Type: Article

References (12)

1. Early Intervention and Credit Cardholders 2007, http://www.cfsinnovation.com/system/files/imported/managed_documents/earlyintervention.pdf [accessed 15 March, 2013].
2. Bruhn Miriam, de Souza Leão Luciana, Legovini Arianna, Marchetti Rogelio, Zia Bilal Financial education and behavior formation: large-scale experimental evidence from Brazil. World Bank Policy Research Working Paper no. 6723 2013.
3. Cai, Jing (2012) Social networks and the decision to insure: evidence from randomized experiments in China Mimeograph.
4. Cole Shawn, Sampson Thomas, Zia Bilal Prices or knowledge? What drives demand for financial services in emerging markets?. J. Financ. 2010, 66(6):1933-1967.
5. Doi Yoko, McKenzie David, Zia Bilal Who you train matters. Identifying complementary effects of financial education on migrant households. World Bank Policy Research Working Paper 6157 2012.
6. Gibson John, McKenzie David, Zia Bilal The impact of financial literacy training for migrants. The World Bank Economic Review 2014, 28(1):130-161.
7. Karlan Dean, Valdivia Martin Teaching entrepreneurship: impact of business training on microfinance clients and institutions. Rev. Econ. Stat. 2011, 93(2):510-527.
8. Kling Jeffrey, Liebman Jeffrey, Katz Lawrence Experimental analysis of neighborhood effects. Econometrica 2007, 75(1):83-119.
9. Miller, Margaret, Julia Reichelstein, Christian Salas and Bilal Zia (2013) Can you teach someone to be financially capable? A meta-analysis of the literature, Mimeograph.
10. Seshan Ganesh, Yang Dean Motivating migrants: a field experiment on financial decision-making in transnational households. Journal of Development Economics, Volume May 2014, (108):119-127.
11. The Economist Teacher, leave them kids alone (February 16). http://www.economist.com/news/finance-and-economics/21571883-financial-education-has-had-disappointing-results-past-teacher-leave-them.
12. Willis Lauren The financial education fallacy. Am. Econ. Rev. Pap. Proc. 2011, 101(3):429-434.