This classroom experiment uses double oral auction credit markets to illustrate the role of banks as financial intermediaries. The experiment demonstrates how risk affects market interest rates in the presence of asymmetric information. It provides fodder for a discussion of the moral-hazard problem of deposit insurance and its impact on depositor…

A review of the literature on corporate universities finds that the peak for research and publishing on the topic occurred between 1998 and 2002 and fell away considerably after 2005. Given the apparent lack of research during the past decade, the purpose of this paper is to present an insight into what has been happening to corporate…

There is increasing acknowledgement that teachers' knowledge for teaching mathematics is multifaceted and topic specific. Given the paucity of research on the teaching and learning of financial mathematics in general, little can be known about teachers' knowledge for teaching compound interest. However, since financial mathematics is a component…

This paper explores the nature and quality of the participation that characterises the Bank's consultations with external actors and examines the extent to which the Bank is responsive to such feedback when it comes to defining its policy preferences and strategies in the education domain. It draws on a case study of the participatory process that…

Many current investors involuntarily entered the realm of investments for the first time when 401(k) retirement and other market-tied savings plans became the norm. Homeowners thought their homes were safe, appreciating investments. Yet the last decade saw two major market corrections. The 2008 mortgage-backed securities crisis induced global…

In this article, we argue that when teaching about and for social and environmental justice, teachers need to move beyond promoting individual behavior changes as a primary means to counter complex, global problems. Further, we advocate for a more robust strategy for teaching about and for social and environmental justice that not only raises…

The purpose of this study was to test the relationships between financial socialization agents, financial experiences, money attitudes, demographic characteristics, and the financial literacy of Korean adolescents. Using the 2006 Korean National Financial Literacy Test Survey for Adolescents (N = 1185), a series of regression analyses were…

This study focused on the exemplification of cultural memory banking as an ethnographic tool to understand cultural practices relevant to science teaching and learning in a rural coastal village in a central island of the Philippine archipelago. Using the collaborative action ethnography as a research methodology, 10 prospective science teachers…

Purpose: The purpose of this study is to highlight the importance of selected environmental, situational and individual factors in the training transfer process. Design/methodology/approach: This study proposes and tests a framework via structural equation modelling by including supervisor and peer support, instrumentality and learner readiness on…

Unfortunately, the number of bank robberies is increasing and little is known about the subsequent risk of posttraumatic stress disorder (PTSD). Several studies have investigated the prediction of PTSD through the presence of acute stress disorder (ASD). However, there have only been a few studies following nonsexual assault. The present study…

In this article, the author discusses the nexus between what educators and a central banker do. At first glance, it might seem as if there is not much commonality. He suggests that what educators do matters to the Fed, and what the Fed does matters to educators, and touches briefly on some of the reasons why. He proposes that as educators and…

Transfer of soft skills (e.g. communication skills) to work situations is one of the most important outcomes of training. However, research suggests that there is less than optimal transfer of training to actual work behavior. A potential reason for this is a pessimistic perception of openness of climate (OOC). Perceived OOC refers to the extent…

In contrast to vast literature devoted to the relationships between creativity and personality, relatively few studies addressed the question of the creativity-temperament link. Temperament is conceptualized as the biologically rooted, mostly inborn, foundations for personality and other individual traits. Sixty artists and 60 bank officers…

This study provides a discursive analysis of World Bank policy documents in order to reveal the stark omission of a rights-based approach to education, while highlighting instead the support of an economic-instrumentalist approach. Plausible explanations are provided to shed light on this exclusion, including the feasibility critique of education…

The school, France's traditional vehicle for integrating diverse populations into a national culture and fostering civic participation, has encountered difficulties in fulfilling its central mission as demographic shifts have given rise to competing conceptions of religious, cultural, ethnic, political and national identity. For French society the…