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Review Of Financial Literacy Education Programs In Romania

Author

Listed:
  • CIUMARA, Tudor

    (Centre for Financial and Monetary Research “Victor Slavescu”, N.I.E.R., Romanian Academy, Bucharest, Romania)

Abstract

In this systematic review of financial literacy education programs in Romania we assess their continuity, consistency and importance. They key characteristics of such programs are analyzed based on complexity, age and size of target audience. We find that financial literacy programs in Romania tend to be recent and generally have low complexity and small target audiences. The findings may be useful for designing more effective financial education programs and developing future research on the topic.

Suggested Citation

  • CIUMARA, Tudor, 2022. "Review Of Financial Literacy Education Programs In Romania," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 114-119, October.
    • Handle: RePEc:vls:rojfme:v:10:y:2022:i:1:p:114-119
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    References listed on IDEAS

    as
    1. Daniel Fernandes & John G. Lynch & Richard G. Netemeyer, 2014. "Financial Literacy, Financial Education, and Downstream Financial Behaviors," Management Science, INFORMS, vol. 60(8), pages 1861-1883, August.
    2. Annamaria Lusardi, 2008. "Household Saving Behavior: The Role of Financial Literacy, Information, and Financial Education Programs," NBER Working Papers 13824, National Bureau of Economic Research, Inc.
    3. Ian Hathaway & Sameer Khatiwada, 2008. "Do financial education programs work?," Working Papers (Old Series) 0803, Federal Reserve Bank of Cleveland.
    4. Lusardi, Annamaria & Michaud, Pierre-Carl & Mitchell, Olivia S., 2020. "Assessing the impact of financial education programs: A quantitative model," Economics of Education Review, Elsevier, vol. 78(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    financial literacy; education initiatives; financial education;
    All these keywords.

    JEL classification:

    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General
    • G50 - Financial Economics - - Household Finance - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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