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?..." verified June 19, 2014