期刊論文
Improving financial literacy in secondary school students: An randomized experiment
EdLink- Improving financial literacy in secondary school students: An randomized experiment
- Youth & Society, 2019
- Sage Publications, Inc.
- 2019
-
- Hong Kong
-
- 1997.7 onwards
-
- 中學教育
- Financial literacy is a multicomponent construct comprising financial knowledge, attitude, behaviors, and well-being. Financial literacy in young people helps them to achieve financial independence and escape from intergenerational poverty. Recent assessments, however, reveal that youth financial literacy is unsatisfactory. Financial education should be provided for students during secondary school as a natural context in which to establish young people's financial literacy. Empirical evidence from randomized experiments studying the impact of financial education on secondary school students, however, is limited. To address this research gap, we performed a randomized experiment with 270 Form-3 (U.S. equivalent Grade 9) secondary school students in Hong Kong. Structural equation modeling (SEM) results demonstrated that objective financial knowledge, financial attitudinal variables, and financial well-being variables could converge into the latent construct of financial literacy, while all financial behavioral variables converged into another latent construct of financial behavior; of note, the two latent constructs were not significantly correlated. SEM results also revealed that our financial education program significantly improved financial literacy, but did not have a significant effect on financial behavior in the short term. These findings contribute to existing financial literacy research by facilitating more accurate measurement and detailing the near-term effects of financial interventions at the adolescent stage in young people. Copyright © 2019 The Author(s).
-
- 英文
- 期刊論文
-
- 0044118X
- https://bibliography.lib.eduhk.hk/tc/bibs/ba91acdb
- 2019-12-09
最近的期刊論文
Modelling trait and state willingness to communicate in a second language: An experience sampling approach期刊論文
Teaching national identity in post-handover Hong Kong: Pedagogical discourse and re-contextualization in the curriculum期刊論文
Paradoxes in intercultural communication, acculturation strategies and adaptation outcomes: International students in Hong Kong期刊論文
The efficacy of the Peace Ambassador Project: Promoting children's emotional intelligence to address aggression in the early childhood classroom期刊論文
Brokering school improvement through a school–university partnership: A longitudinal social network analysis of middle leadership development期刊論文
L2 English listeners’ perceived comprehensibility and attitudes towards speech produced by L3 English learners from China期刊論文
School students’ aspirations for STEM careers: The influence of self-concept, parental expectations, career outcome expectations, and perceptions of STEM professionals期刊論文
Fundamental movement skills in Hong Kong kindergartens: A grade-level analysis期刊論文