The Effect of Ability Matching and Differentiated Instruction in Financial Literacy Education - Evidence from Two Randomised Control Trials

45 Pages Posted: 12 Jan 2020

See all articles by Kaat Iterbeke

Kaat Iterbeke

KU Leuven - Faculty of Business and Economics (FEB)

K. De Witte

University of Leuven (KUL); Maastricht University

Koen Declercq

KU Leuven - Faculty of Business and Economics (FEB)

Wouter Schelfhout

University of Antwerp - Faculty of Social Sciences

Date Written: 2019

Abstract

The present paper examines the impact of ability matching and differentiated instruction on the learning outcomes of eighth and ninth grade students in a financial education programme. In particular, the effect of within-class ability matching is investigated by forming pairs of students either randomly or based on their abilities. In addition, the paper studies whether differentiated instruction, in the form of additional instructions for lower ability students, enhances the impact of the financial education programme. The paper provides evidence on the effects of both practices using two randomised control trials involving 65 schools and 2,407 students. Overall, the results suggest that the programme raises the financial proficiency of students by 0.18 standard deviations. Although the learning outcomes of the average student are not affected by the differentiation practices, non-native students significantly benefit from differentiated instruction.

Keywords: financial literacy, ability matching, differentiated instruction, randomised control trial

JEL Classification: C930, I210, O160

Suggested Citation

Iterbeke, Kaat and De Witte, Kristof and Declercq, Koen and Schelfhout, Wouter, The Effect of Ability Matching and Differentiated Instruction in Financial Literacy Education - Evidence from Two Randomised Control Trials (2019). CESifo Working Paper No. 7997, Available at SSRN: https://ssrn.com/abstract=3517043 or http://dx.doi.org/10.2139/ssrn.3517043

Kaat Iterbeke (Contact Author)

KU Leuven - Faculty of Business and Economics (FEB) ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Kristof De Witte

University of Leuven (KUL) ( email )

Naamsestraat 69
Leuven, Vlaams Brabant B-3000
Belgium

HOME PAGE: http://www.feb.kuleuven.be

Maastricht University ( email )

Boschstraat 24
Maastricht, Vlaams-Brabant 6211 AX
Netherlands
003216326656 (Phone)

HOME PAGE: http://www.feb.kuleuven.be

Koen Declercq

KU Leuven - Faculty of Business and Economics (FEB) ( email )

Naamsestraat 69
Leuven, B-3000
Belgium

Wouter Schelfhout

University of Antwerp - Faculty of Social Sciences ( email )

Prinsstraat 13
Antwerp, 2000
Belgium

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
39
Abstract Views
322
PlumX Metrics