금융교육의 효과 : 증거 있나? 없나? (Evidence and Ideology in Assessing the Effectiveness of Financial Literacy Education)

Korean Investor Protection Foundation, 2012

San Diego Law Review, Vol. 46, 2009

Loyola-LA Legal Studies Paper No. 2008-6

87 Pages Posted: 10 Oct 2012 Last revised: 18 Oct 2012

Multiple version iconThere are 2 versions of this paper

Date Written: 2009

Abstract

English version available at: http://ssrn.com/abstract=1098270. Financial literacy education has long been promoted as key to consumer financial well-being. Yet the claim has never had more than negligible statistically significant empirical support. This review (1) sets forth the model of financial literacy education underlying public support for these programs today, (2) identifies pervasive and serious limitations in existing empirical research used by policymakers as evidence of the effectiveness of this education, and (3) recommends a number of alternative public policies suggested by the existing research.

Note: Downloadable document is in Korean.

Suggested Citation

Willis, Lauren E., 금융교육의 효과 : 증거 있나? 없나? (Evidence and Ideology in Assessing the Effectiveness of Financial Literacy Education) (2009). Korean Investor Protection Foundation, 2012 ; San Diego Law Review, Vol. 46, 2009; Loyola-LA Legal Studies Paper No. 2008-6. Available at SSRN: https://ssrn.com/abstract=2159860

Lauren E. Willis (Contact Author)

Loyola Law School Los Angeles ( email )

919 Albany Street
Los Angeles, CA 90015-1211
United States
213-736-1086 (Phone)
213-380-3769 (Fax)

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