Equity of Opportunities, Educational Achievement, and Financial Literacy

Project Start:01/2017
Researchers:Horst Entorf, Jia Hou
Category: Household Finance
Funded by:LOEWE

The project considers the link between parental backgrounds, neighborhoods, schooling systems and education finance (resources, teacher shortage etc.) on education outcomes. Following evidence on the importance of investing in disadvantaged children, and influenced by research showing that differences in school quality perpetuate income inequality (Chetty et al. 2014), the focus will be on the analysis of financial educational achievement gaps, as, e.g., between children from high and low educated parents, natives and migrant youth, but also between boys and girls. The first objective will be to analyze reasons for inequality in financial education and to identify policies which are likely to have significant effects on financial planning capabilities, and help facilitate a more inclusive future society. A second goal of the proposal is the evaluation of financial frictions as a source of educational inequality.

Related Working Papers

No.Author/sTitleYearProgram AreaKeywords
205Horst Entorf, Jia HouFinancial Education for the Disadvantaged? A Review2018 Household Finance Education, Financial Literacy, Inequality, Program Evaluation
217Maddalena Davoli, Jia HouFinancial Literacy and Socialist Education: Lessons from the German Reunification2018 Household Finance financial literacy determinants, socialist education, German reunification, DiD