Additional Authors

Grinstein-Weiss, Michal; Schreiner, Mark

Publication Date

7-1-2001

Summary

This study is the first quantitative look at the effects of financial education on savings outcomes for the poor in Individual Development Accounts. The findings suggest that financial education has sizeable effects, and that courses need not be long to take advantage of them. Marketing and public-policy implications are noted.

Document Type

Working Paper

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Clancy, M., Grinstein-Weiss, M., & Schreiner, M. (2001). Financial education and savings outcomes in Individual Development Accounts (CSD Working Paper No. 01-2). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K7WM1CXJ

Project

American Dream Policy Demonstration (ADD)

Keywords

ADD, American Dream Demonstration, financial education, savings outcomes, IDA, individual development account, research

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