The 3ie-IFPRI seminar series is designed to highlight innovative papers on impact evaluation and facilitate discussion of new impact evaluation research. The seminars are held on one Thursday of each month from 12:00-1:30pm at IFPRI’s Washington DC headquarters (2033 K St. NW). To RSVP to any event, please contact Julie Lang (j.lang@cgiar.org).
June 15: How early one should start financial education? Evidence from a large scale experiment
Speakers: Caio Piza, The World Bank
Discussant: Veronica Frisancho, IDB
12:00 -1:30pm
Conference room 7AB
Abstract:
This paper presents the results of the experimental impact assessment of a pilot project of Financial Education carried out with Elementary School students (3rd, 5th, 7th and 9th years) in the municipalities of Manaus and Joinville in Brazil, during the academic year 2015. The pilot’s objective was to raise the level of financial knowledge and change attitudes related to consumer decisions and savings. This is the second experiment conducted with elementary school students in a developing country, but the first to find positive effects on financial literacy and attitudes of consumption and savings. The results indicate the program had significant results by raising the financial literacy index.
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