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ERIC Number: EJ1367378
Record Type: Journal
Publication Date: 2022
Pages: 18
Abstractor: As Provided
ISSN: ISSN-0022-0485
EISSN: EISSN-2152-4068
The Link between Financial Education and Financial Literacy: A Cross-National Analysis
Jerrim, John; Lopez-Agudo, Luis Alejandro; Marcenaro-Gutierrez, Oscar David
Journal of Economic Education, v53 n4 p307-324 2022
Financial literacy is a competence that extends to many aspects of everyday life. The Great Recession has recently highlighted its relevance and the importance of financial literacy training in the school curricula. The authors use PISA 2015 data to investigate the link between financial education and young people's financial literacy across 15 countries using a student fixed-effects approach. Their results illustrate how financial education is still in its infancy within many countries and does not seem to improve young people's ability to apply financial skills in real-world situations.
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Publication Type: Journal Articles; Reports - Research
Education Level: Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Australia; Belgium; Canada; Chile; Italy; Netherlands; Poland; Slovakia; Spain; United States; Brazil; China; Lithuania; Peru; Russia
Identifiers - Assessments and Surveys: Program for International Student Assessment
Grant or Contract Numbers: N/A