In 2011, the impact of a comprehensive
financial education program was studied through a randomized
controlled trial with 892 high schools in six Brazilian
states. Using administrative data, this paper follows 16,000
students for the next nine years. The short-term findings
were that the treatment students used expensive credit and
were behind on payments. By contrast, in the long-term,
treatment students were less likely to borrow from expensive
...
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DETAILS
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2022/07/26
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Policy Research Working Paper
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WPS10131
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1
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2022/07/26
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Disclosed
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The Long-Term Impact of High School Financial Education : Evidence from Brazil
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