Sutter, Matthias; Weyland, Michael; Untertrifaller, Anna; … - 2023 - This version: 28 April 2023
We present the results of a randomized intervention to study how teaching financial literacy to 16-year old high … teaching financial literacy makes subjects behave more patiently, more time-consistent, and more risk-averse. These effects … financial behavior outside the lab, in particular spending patterns. This shows that teaching financial literacy affects …