Excerpt
Excerpt
High School Curriculum and Financial Outcomes: The Impact of Mandated Personal Finance and Mathematics Courses. Shawn Cole, April 8, 2014, Paper. "Financial literacy and cognitive capabilities are convincingly linked to the quality of financial decision-making. Yet, there is little evidence that education intended to improve financial decision-making is successful. Using plausibly exogenous variation in exposure to state-mandated personal finance and mathematics high school courses, affecting millions of students, this paper answers the question "Can good financial behavior be taught in high school?..." Link verified June 19, 2014