This paper uses a field experiment in India with multiple financial education treatments to investigate the causal mechanisms between financial education and financial behavior. Focusing on the mediating role of financial literacy, the paper proposes a broader definition of financial knowledge that includes three dimensions: numeracy skills, financial awareness, and attitudes toward personal finance. The analysis then employs causal mediation analysis...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2018/10/22
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Рабочий документ в рамках исследования вопросов политики
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WPS8619
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1
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1
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2018/10/22
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Disclosed
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The Causal Mechanism of Financial Education : Evidence from Mediation Analysis
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financial knowledge