The effect of financial education on pupils’ financial knowledge and skills
Evidence from a Solomon four-group design
Bibliographic Data
| ID | 21348545 |
|---|---|
| Authors | Shekinah E Dare (0000-0003-0733-0056, Leiden University, corresponding author), W Van Dijk (0000-0002-0106-0297, Leiden University), Eric Van Dijk (0000-0003-4030-2452, Leiden University), Lotte F Van Dillen (0000-0002-3003-5488, Leiden University), Marcello Gallucci (0000-0003-3546-0093, University of Milano-Bicocca), Olaf Simonse (0000-0001-7588-6465, Ministry of Finance of the Netherlands) |
| Year | 2020 |
| Volume | 113 |
| Issue | 2 |
| Pages | 93-107 |
| Publication date | 2020-02-03 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Educational Research (JOURNAL) |
| Journal identifiers | ISSN: 0022-0671 • E-ISSN: 1940-0675 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00220671.2020.1733453 |
| OpenAlex | W3009745281 |
| Language | EN |
| Citations received | 6 |
| References cited | 25 |
The present study used a Solomon four-group quasi-experimental design to examine the short-term effect of a large-scale national financial education program on children’s knowledge and skills in responsible spending and performing transactions effectively. Our study included a representative sample of Dutch pupils in the fifth grade of primary school (N1⁄42,650). Controlling for different children-specific characteristics, results showed that the program increased pupils’ knowledge and skills scores in performing transactions effectively, but not in responsible spending. The insights gained from the present study show how financial education programs that enable children to immediately apply what they learn in practice can improve children’s knowledge and skills regarding certain financial competencies
Business · Geography · Mathematics education · Medical education · Sample (material) · Scale (ratio) · Finance · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Medicine · Microfinance and Financial Inclusion · Psychology
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| Citations per year | 1 |
|---|---|
| Citation span | 2020 - 2025 (6) |
| Highly cited | No |