TY  - RPRT
        AU  - Bover, Olympia
AU  - Hospido, Laura
AU  - Villanueva, Ernesto
        TI  - The Impact of High School Financial Education on Financial Knowledge and Choices: Evidence from a Randomized Trial in Spain
        PY  - 2018/Jan/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 11265
        UR  - https://www.iza.org/publications/dp11265
        AB  - We conducted a randomized controlled trial where 3,000 9th grade students coming from 78 high schools received a financial education course at different points of the year. Right after the treatment, test performance increased by 16% of one standard deviation, treated youths were more likely to become involved in financial matters at home and showed more patience in hypothetical saving choices. In an incentivized saving task conducted three months after, treated students made more patient choices than a control group of 10th graders. Within randomization strata, the main impacts are also statistically significant in public schools, which over-represent disadvantaged students.
        KW  - financial education
KW  - impact evaluation
        ER  -