IDEAS home Printed from https://ideas.repec.org/p/unr/wpaper/14-001.html
   My bibliography  Save this paper

A Study of Financial Education in the Clark County School District

Author

Listed:
  • Dimitra Papadovasilaki

    (Department of Economics, University of Nevada, Reno)

  • Elliott Parker

    () (Department of Economics, University of Nevada, Reno)

  • Mark Pingle

    () (Department of Economics, University of Nevada, Reno)

Abstract

This study reports the results of a financial literacy test given to more than four thousand students in 19 Southern Nevada secondary schools as a pre-test in advance of a financial education curriculum and again as a post-test. The schools vary demographically, and the delivery of the curriculum also varied. The results indicate male and Hispanic students exhibit lower levels of financial literacy; Asian and Black students improved less significantly. Financial literacy improved more when students had higher math scores, when the families of students had higher incomes and did not qualify for lunch support, when class sizes were smaller, and when teachers were more experienced. In general, the results of this study indicate actions that would improve education and would also improve financial literacy.

Suggested Citation

  • Dimitra Papadovasilaki & Elliott Parker & Mark Pingle, 2014. "A Study of Financial Education in the Clark County School District," Working Papers 14-001, University of Nevada, Reno, Department of Economics;University of Nevada, Reno , Department of Resource Economics.
  • Handle: RePEc:unr:wpaper:14-001
    as

    Download full text from publisher

    File URL: http://www.coba.unr.edu/econ/wp/papers/UNRECONWP14001.pdf
    File Function: First version, 2014
    Download Restriction: no

    References listed on IDEAS

    as
    1. Oecd, 2006. "Improving Financial Literacy: Analysis of Issues and Policies," Financial Market Trends, OECD Publishing, vol. 2005(2), pages 111-123.
    2. Lusardi, Annamaria & Mitchell, Olivia S., 2007. "Baby Boomer retirement security: The roles of planning, financial literacy, and housing wealth," Journal of Monetary Economics, Elsevier, vol. 54(1), pages 205-224, January.
    3. Annamaria Lusardi & Olivia S Mitchelli, 2007. "Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 42(1), pages 35-44, January.
    4. Lusardi, Annamaria & Tufano, Peter, 2015. "Debt literacy, financial experiences, and overindebtedness," Journal of Pension Economics and Finance, Cambridge University Press, vol. 14(04), pages 332-368, October.
    5. James Banks & Zoe Oldfield, 2007. "Understanding Pensions: Cognitive Function, Numerical Ability and Retirement Saving," Fiscal Studies, Institute for Fiscal Studies, vol. 28(2), pages 143-170, June.
    6. Annamaria Lusardi & Olivia Mitchell, 2006. "Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education Programs," Working Papers wp144, University of Michigan, Michigan Retirement Research Center.
    7. Andrew M. Gill & Chiara Gratton-Lavoie, 2011. "Retention of High School Economics Knowledge and the Effect of the California State Mandate," The Journal of Economic Education, Taylor & Francis Journals, vol. 42(4), pages 319-337, October.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Financial Literacy; Clark County Nevada;

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • G2 - Financial Economics - - Financial Institutions and Services

    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:unr:wpaper:14-001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mehmet Tosun). General contact details of provider: http://edirc.repec.org/data/edunrus.html .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.