IDEAS home Printed from https://ideas.repec.org/p/fip/fedfcw/2009-07.html
   My bibliography  Save this paper

Bank accounts and youth financial knowledge: connecting experience and education

Author

Listed:
  • Laura Choi

Abstract

Studies have shown that ?experiential learning? can result in significant knowledge gains in a number of subject areas, but how does ?learning by doing? fit into the context of financial education? This new working paper explores this topic and analyzes data from the 2008 Jump$tart survey of high school seniors to examine the relationship between bank account ownership and student knowledge of personal finance. The results are informative for financial education delivery, particularly the importance of providing interactive opportunities for the application and practice of skills and knowledge.

Suggested Citation

  • Laura Choi, 2009. "Bank accounts and youth financial knowledge: connecting experience and education," Community Development Working Paper 2009-07, Federal Reserve Bank of San Francisco.
    • Handle: RePEc:fip:fedfcw:2009-07
    as

    Download full text from publisher

    File URL: https://www.frbsf.org/community-development/wp-content/uploads/sites/3/wp2009-07.pdf
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Batty, Michael & Collins, J. Michael & O’Rourke, Collin & Odders-White, Elizabeth, 2020. "Experiential financial education: A field study of my classroom economy in elementary schools," Economics of Education Review, Elsevier, vol. 78(C).

    More about this item

    Keywords

    Financial literacy;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:fip:fedfcw:2009-07. 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: Federal Reserve Bank of San Francisco Research Library (email available below). General contact details of provider: https://edirc.repec.org/data/frbsfus.html .

    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.