Previous evidence is contradictory about the financial literacy-individual's risk-taking
propensity relationship. Therefore, this article attempts to examine the relationship between …

We study a mentoring program that aims to improve the labor market prospects of
disadvantaged adolescents. Our randomized controlled trial investigates its effectiveness on …

Aspirations have recently received increased attention in the analysis of poverty and its
dynamics. The argument is that aspirations provide reference points for individuals' forward …

We study whether and how parents interfere paternalistically in their children's intertemporal
decision-making. Based on experiments with over 2,000 members of 610 families, we find …

Financial education is a divisive topic. While such programs remain incredibly popular
among policymakers, NGOs, and international organizations alike, 1 the excitement is …

Is financial knowledge change necessary for lasting savings behavior change? Or, akin to
the canonical Friedman billiards player, can behavior persist “as if” such knowledge is held …

In recent years, many countries have implemented policies to promote Financial Education
(FE) among citizens as a mechanism for boosting economic development and social …

Leading institutions are promoting several financial literacy initiatives worldwide, yet few of
them are still measuring their impact on behavior. Following the current debate on the …

Generasi Z yang terdiri dari individu yang lahir antara tahun 1996 hingga 2010 merupakan
kelompok demografi yang semakin menonjol dalam peta pembangunan sosial dan …

ABSTRACT A substantial body of literature examines the determinants of risk preferences
and their impact on risk-taking. However, few studies offer a nuanced understanding of …