Financial literacy is a crucial skill for personal wealth management and economic well-being. Hence, it is important to evaluate the impact of interventions aimed at increasing financial knowledge and confidence in the most vulnerable groups of the society. We conduct an impact evaluation of a two-hour lecture targeting the elderly population. We find that the intervention does not have a significant impact on knowledge but has a significant effect on confidence and (partly) on overconfidence.
(2021). Promoting financial literacy among the elderly: Consequences on confidence [journal article - articolo]. In JOURNAL OF ECONOMIC PSYCHOLOGY. Retrieved from https://hdl.handle.net/10446/298867
Promoting financial literacy among the elderly: Consequences on confidence
Sconti, Alessia
2021-01-01
Abstract
Financial literacy is a crucial skill for personal wealth management and economic well-being. Hence, it is important to evaluate the impact of interventions aimed at increasing financial knowledge and confidence in the most vulnerable groups of the society. We conduct an impact evaluation of a two-hour lecture targeting the elderly population. We find that the intervention does not have a significant impact on knowledge but has a significant effect on confidence and (partly) on overconfidence.| File | Dimensione del file | Formato | |
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