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Federal Reserve personal financial education initiatives

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Author Info

  • Lynn Fox
  • Joy Hoffmann
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    Abstract

    Recognizing the importance of successful personal financial management to individuals and the broader economy, the Federal Reserve System has in the past two years intensified its efforts to provide and promote personal financial education. Initiatives have ranged from a public outreach effort highlighting the importance of financial education, to local and regional Reserve Bank programs targeted to specific audiences, to new educational seminars for employees. Staff members have studied the effectiveness of different types of education programs for different groups, and the System has worked to encourage the dissemination of research findings. The challenge for the future is to support financial education in a way that makes effective use of the System's resources and national visibility and complements the resources already available.

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    File URL: http://www.federalreserve.gov/pubs/bulletin/2004/autumn04_fined.pdf
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    Bibliographic Info

    Article provided by Board of Governors of the Federal Reserve System (U.S.) in its journal Federal Reserve Bulletin.

    Volume (Year): (2004)
    Issue (Month): Aut ()
    Pages: 447-457

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    Handle: RePEc:fip:fedgrb:y:2004:i:aut:p:447-457:n:v.90no.4

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    Postal: 20th Street and Constitution Avenue, NW, Washington, DC 20551
    Web page: http://www.federalreserve.gov/
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    Related research

    Keywords: Federal Reserve System ; Finance; Personal ; Education - Economic aspects;

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    Cited by:
    1. Christian Weller, 2009. "Credit Access, the Costs of Credit and Credit Market Discrimination," The Review of Black Political Economy, Springer, vol. 36(1), pages 7-28, March.
    2. Christian Weller, 2010. "Have Differences in Credit Access Diminished in an Era of Financial Market Deregulation?," Review of Social Economy, Taylor & Francis Journals, vol. 68(1), pages 1-34.
    3. Christian E. Weller & Amy Helburn, 2009. "Public Policy Options to Build Wealth for America’s Middle Class," Working Papers wp210, Political Economy Research Institute, University of Massachusetts at Amherst.

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