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Direct linkHastings, Justine S.; Madrian, Brigitte C.; Skimmyhorn, William L. – Annual Review of Economics, 2013
In this article, we review the literature on financial literacy, financial education, and consumer financial outcomes. We consider how financial literacy is measured in the current literature and examine how well the existing literature addresses whether financial education improves financial literacy or personal financial outcomes. We discuss the…
Descriptors: Literature Reviews, Knowledge Level, Costs, Money Management
