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Fuelling financial literacy: estimating the impact of youth entrepreneurship training in Tanzania

Author

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  • Brooke L. Krause
  • Aine Seitz McCarthy
  • David Chapman

Abstract

Training programmes are popular development interventions that aim to address problems of youth unemployment. This paper estimates the impact of a youth entrepreneurship programme in Tanzania on financial literacy and employment knowledge. Using primary data within a successive cohort design in a community-led programme, the authors employed propensity score matching and fixed-effect estimation methods to assess changes in knowledge, skills and attitudes of marginalised youth. They found strong positive effects of the programme on key intermediate employment outcomes: savings ability, employment confidence and personal finance. The positive impact of this programme supports youth entrepreneurship training programme and non-experimental evaluation methods.

Suggested Citation

  • Brooke L. Krause & Aine Seitz McCarthy & David Chapman, 2016. "Fuelling financial literacy: estimating the impact of youth entrepreneurship training in Tanzania," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 8(2), pages 234-256, June.
    • Handle: RePEc:taf:jdevef:v:8:y:2016:i:2:p:234-256
    DOI: 10.1080/19439342.2015.1092463
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    Cited by:

    1. Mastewal Yami & Shiferaw Feleke & Tahirou Abdoulaye & Arega D. Alene & Zoumana Bamba & Victor Manyong, 2019. "African Rural Youth Engagement in Agribusiness: Achievements, Limitations, and Lessons," Sustainability, MDPI, vol. 11(1), pages 1-15, January.
    2. Daniel Vankov & Borislav Vankov, 2023. "Entrepreneurship education 2-in-1: Helping young Bulgarians become more entrepreneurial in a 10-month parallel-group randomized trial," Journal of Innovation and Entrepreneurship, Springer, vol. 12(1), pages 1-23, December.
    3. Tim Kaiser & Lukas Menkhoff, 2017. "Does Financial Education Impact Financial Literacy and Financial Behavior, and If So, When?," The World Bank Economic Review, World Bank, vol. 31(3), pages 611-630.
    4. Dolapo Adeyanju & John Mburu & Djana Mignouna, 2021. "Youth Agricultural Entrepreneurship: Assessing the Impact of Agricultural Training Programmes on Performance," Sustainability, MDPI, vol. 13(4), pages 1-11, February.

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