English, Article, Journal or magazine article edition: Education and Saving: The Long-Term Effects of High School Financial Curriculum Mandates B. Douglas Bernheim; Daniel M. Garrett; Dean M. Maki

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/142781
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Education and Saving: The Long-Term Effects of High School Financial Curriculum Mandates
Author
  • B. Douglas Bernheim
  • Daniel M. Garrett
  • Dean M. Maki
Physical Description
  • preprint
Notes
  • June 1997 Over the last forty years, the majority of states have adopted consumer education policies, and a sizable minority have specifically mandated that high school students receive instruction on topics related to household financial decision-making (budgeting, credit management, saving and investment, and so forth). In this paper, we attempt to determine whether the curricula arising from these mandates have had any discernable effect on adult decisions regarding saving. Using a unique household survey, we exploit the variation in requirements both across states and over time to identify the effects of interest. The evidence indicates that mandates have significantly raised both exposure to financial curricula and subsequent asset accumulation once exposed students reached adulthood. These effects appear to have been gradual rather than immediate -- a probable reflection of implementation lags.
  • RePEc:wop:stanec:97012
  • RePEc:nbr:nberwo:6085
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment