Conference Paper Royal Economic Society Conference 2017, 10-12 April, University of Bristol, Bristol, UK

Does education improve financial outcomes? Quasi-experimental evidence from Britain

Authors

Publication date

12 Apr 2017

Summary

The authors analyse data from the British Household Panel Survey and the Understanding Society survey to examine whether children who had an extra year of schooling after changes in the law in 1947 and 1972 saved, invested and managed debt differently to other, similar children. The answer, when it comes to managing money, is no, although their education gave them better financial outcomes in general.

Subjects

Education, Savings And Assets, Household Economics, Debt: Indebtedness, and Finance

Links

http://www.res.org.uk/view/0/2017conference_home.html

Related publications

1. Does education improve financial outcomes? Quasi-experimental evidence from Britain

   Daniel Gray, Alberto Montagnoli, and Mirko Moro

   Research Paper, Sheffield Economic Research Paper Series, 2017010 - Apr 2017
   1. Education
   2. Savings And Assets
   3. Household Economics
   4. Debt: Indebtedness
   5. Finance

2. More school didn't make Brits into better money managers

   Daniel Gray, Alberto Montagnoli, and Mirko Moro

   Media - Apr 2017

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