Paper 2 Financind literacy and financial behavior
5 important questions on Paper 2 Financind literacy and financial behavior
What are the objectives of the study?
→Measure financial knowledge spillover from trained persons to peers.
What is the difference of this research with traditional research
New: Factor in explaining investment and economic development: financial literacy (under researched in developing countries) ● Driver of financial literacy → Training?
Describe the theoretical link between financial literacy and financial behavior known as the theory of change:
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What was the effect of attending training
Probability to apply for a loan increased
New income generating activities were started
What was the effect of increasing financial literacy
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