Research

CEE compiles research from top industry experts and points of impact useful for making a case for the need for economic and financial literacy education in the classroom.

Financial Literacy among the Young

“Financial Literacy among the Young” by Dr. Annamaria Lusardi, Olivia S. Mitchell and Vilsa Curt.

Having It All: Girls and Financial Literacy

The Girl Scout Research Institute conducted a nationwide survey with over 1,000 girls ages 8−17 and their parents to better understand girls’ level of financial literacy and their confidence about, attitudes towards, and experiences with money.

Having It All: Girls and Financial Literacy reveals that girls need and want financial literacy skills to help them achieve their dreams, with 90 percent saying it is important for them to learn how to manage money. However, just 12 percent of girls surveyed feel “very confident” making financial decisions. This report is also available in Spanish.

Key Findings of High School Seniors’ Financial Knowledge and Outlook: A Discover Pathway to Financial Success Survey

Released in April 2013, the survey explored high school seniors’ financial knowledge and money management behaviors, as well as to what extent they feel prepared for the “real world” after graduation.

Research in Precollege Economic Education

“What Works: A Review of Research on Outcomes and Effective Program Delivery in Precollege Economic Education” by Dr. Michael Watts, Director of the Center for Economic Education at Purdue University.

Financial Management Practices of College Students from States with Varying Financial Education Mandates

Dr. Michael Gutter examined the relationship between exposure to varying state mandates for high school financial education and college students’ financial knowledge, financial dispositions, and financial behaviors through research at 15 college campuses across the U.S.

Funded by the National Endowment for Financial Education® (NEFE), the Financial Management Practices of College Students from States with Varying Financial Education Mandates report concludes that the remaining 10 states without standards clearly should consider adopting standards as a minimum. Adopting standards that require courses and assessment is the ideal.

National Financial Capability Study

The FINRA Investor Education Foundation, in consultation with the U.S. Department of the Treasury and the President’s Advisory Council on Financial Literacy, commissioned the National Financial Capability Study of American adults.

2012 Consumer Financial Literacy Survey

The National Foundation for Credit Counseling and its Member Agencies have developed and delivered financial education programs and counseling services to millions of Americans for nearly 60 years.  The 2012 Survey includes key findings on budget, bills, debt, savings, credit and Americans’ knowledge of personal finance.

Financial Literacy Around the World (FLAT World)

How prepared are individuals to take on this greater burden and to process the
economic information needed to make informed decisions about their current
and future finances?

In short, they are not prepared. This brief by Dr. Annamaria Lusardi, for the FINRA Investor Education Foundation, describes key findings about financial literacy in eight countries.

Econometrics Modules

The modules introduce econometric techniques typically encountered by economic education researchers.  They give examples of the techniques using statistical programs such as STATA, SAS, and LIMDEP. The modules were developed by Dr. William E. Becker, Jr. of Indiana University through a cooperative effort between the Council for Economic Education and the American Economic Association Committee on Economic Education.

Resources

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