IDEAS home Printed from https://ideas.repec.org/p/bcb/wpaper/280.html
   My bibliography  Save this paper

Educação Financeira para um Brasil Sustentável Evidências da Necessidade de Atuação do Banco Central do Brasil em Educação Financeira para o Cumprimento de Sua Missão

Author

Listed:
  • Fabio de Almeida Lopes Araújo
  • Marcos Aguerri Pimenta de Souza

Abstract

The objective is to show that to fulfill the mission of Banco Central do Brasil (BCB) is required to act in improving the financial education of the society. The methodology used in this study comprises steps of focus, collection and analysis, which considers three hypotheses: the mission of BCB is associated with social welfare, financially educated people contribute to fulfill its mission, and the performance only in the regulation and supervision is insufficient to meet it. The results show that: mission accomplishment is the biggest social responsibility of regulators, the full exercise of citizenship is only achieved by financial education of individuals, a set of indicators shows that the BCB have not devoted sufficient efforts to ensure the financial education of society and the role primarily in regulating and monitoring ensures compliance of important parts of the mission, but others, such as efficiency, need to improve. The commitment of the regulator in financial education can help fill this gap, and thus for sustainable socioeconomic development in Brazil.

Suggested Citation

  • Fabio de Almeida Lopes Araújo & Marcos Aguerri Pimenta de Souza, 2012. "Educação Financeira para um Brasil Sustentável Evidências da Necessidade de Atuação do Banco Central do Brasil em Educação Financeira para o Cumprimento de Sua Missão," Working Papers Series 280, Central Bank of Brazil, Research Department.
    • Handle: RePEc:bcb:wpaper:280
    as

    Download full text from publisher

    File URL: https://www.bcb.gov.br/content/publicacoes/WorkingPaperSeries/TD280.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Marta Areosa. Waldyr Areosa, 2012. "Asset Prices and Monetary Policy – A sticky-dispersed information model," Working Papers Series 285, Central Bank of Brazil, Research Department.
    2. Bruno Martins, 2012. "Local Market Structure and Bank Competition: evidence from the Brazilian auto loan market," Working Papers Series 299, Central Bank of Brazil, Research Department.
    3. Papadimitriou, Theophilos & Gogas, Periklis & Tabak, Benjamin M., 2013. "Complex networks and banking systems supervision," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 392(19), pages 4429-4434.
    4. Angelo Marsiglia Fasolo, 2012. "A Note on Particle Filters Applied to DSGE Models," Working Papers Series 281, Central Bank of Brazil, Research Department.
    5. Waldyr Areosa & Marta Areosa, 2012. "Information (in) Chains: information transmission through production chains," Working Papers Series 286, Central Bank of Brazil, Research Department.
    6. Waldyr Areosa & Marta Areosa, 2012. "The Signaling Effect of Exchange Rates: pass-through under dispersed information," Working Papers Series 282, Central Bank of Brazil, Research Department.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bcb:wpaper:280. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Rodrigo Barbone Gonzalez (email available below). General contact details of provider: https://www.bcb.gov.br/en .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.