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Replication data for: Effectiveness of a behaviorally informed financial education program for the financially vulnerable: A field experiment

Authors
  • Antonides, Gerrit
  • Madern, T.E.
Publication Date
Jan 01, 2021
Source
Wageningen University and Researchcenter Publications
Keywords
License
Unknown
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Abstract

This dataset contains replication data and codes for the paper "Effectiveness of a behaviorally informed financial education program for the financially vulnerable: A field experiment". In collaboration with five Dutch field partners, we conducted a field experiment among financially vulnerable individuals (mostly: clients of municipal debt services). In this field experiment, we tested the effectiveness of a behaviorally informed financial education program in comparison with both a control group and a traditional program group. We collected data both before the program started and six months later. In comparison with the control group, we found a strong positive effect of the behaviorally informed program on financial behavior, mainly driven by improved budgeting scores. In addition, we found some evidence for a positive effect on financial skills and knowledge, but not on other outcomes. Contrary to our expectations, we did not find evidence that the behaviorally informed program performed better than a traditional program. See also dataset "Naar een effectieve budgetcursus" for data and codes used for the research report.

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