Effects of Youth Savings Accounts on School Attendance and Academic Performance: Evidence from a Youth Savings Experiment
| Autor: | Gina Chowa, Rainier Masa, Shiyou Wu, David Ansong, Michael Sherraden, Isaac Osei-Akoto, Mathieu R. Despard |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Estimation
Financial inclusion Economics and Econometrics Medical education Social Psychology 05 social sciences Attendance Psychological intervention 050301 education Difference in differences 0501 psychology and cognitive sciences Positive Youth Development Psychology 0503 education health care economics and organizations Savings account 050104 developmental & child psychology Social policy |
| Zdroj: | Journal of Family and Economic Issues. 40:269-281 |
| ISSN: | 1573-3475 1058-0476 |
| DOI: | 10.1007/s10834-018-9604-5 |
| Popis: | Asset-accumulation interventions are promising tools for promoting better educational outcomes. However, little is known about the educational effects of youth-owned assets, particularly in resource-limited countries. The Ghana YouthSave Experiment established a rigorous foundation for exploring youth responses when offered opportunities to save for their education. This study uses data from 2000 junior high YouthSave participants, who were randomly assigned to one of two treatments (in-school or local bank access) or the control group. Treatment effects on school attendance and academic performance are examined using difference-in-difference estimation with bootstrapped standard errors. Treatment effects were significant for attendance but not performance. Findings suggest longer posttreatment follow-up is needed for effects to manifest. This study demonstrates the potential of asset-accumulation programs to contribute to improved behavioral outcomes, and offers insights for the integration of financial capability programs in youth development policies. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Full text from SpringerLink