Fort, Margherita; Manaresi, Francesco; Trucchi, Serena - Institute for the Study of Labor (IZA) - 2012
We investigate the causal effect of financial literacy on financial assets, exploiting banks information policies for … and procedural simplification. These policies may affect individuals' financial literacy without involving any direct cost … individuals have their main bank account in one bank in the PattiChiari consortium to instrument their financial literacy level …