A new GLO Discussion Paper evaluates the impact of an economic and financial education program targeted to senior high-school students and finds positive effects.

GLO Discussion Paper No. 881, 2021

Financial education for youth: A randomized evaluation in Uruguay – Download PDF
by Borraz, Fernando & Caro, Ana & Caño-Guiral, Maira & Roa, María José

GLO Fellow Fernando Borraz

Author Abstract: Using data from a randomized control trial in Uruguay, we evaluate the impact of an economic and financial education program targeted to senior high-school students. The program is based on an innovative playful approach workshop about monetary policy and financial supervision. We find that the workshop has a positive and significant impact on student knowledge. Our results shed light on the importance of economic and financial education for the youth in developing countries.

GLO Discussion Papers are research and policy papers of the GLO Network which are widely circulated to encourage discussion. Provided in cooperation with EconStor, a service of the ZBW – Leibniz Information Centre for Economics, GLO Discussion Papers are among others listed in RePEc (see IDEAS,  EconPapers). Complete list of all GLO DPs – downloadable for free.

The Global Labor Organization (GLO) is an independent, non-partisan and non-governmental organization that functions as an international network and virtual platform to stimulate global research, debate and collaboration.

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