In the last few years, there has been a growing tendency among central banks and other institutions to promote economic education by running a variety of educational programs. Significant resources are devoted by Federal Reserve Banks in the United States and other central banks across the rest of the world to promote economic and financial education. It is clear that central banks believe that greater economic education is one factor that may enhance the effectiveness of monetary policy. However, the effect of economic education on behavior might not be as straightforward as that. This...
In the last few years, there has been a growing tendency among central banks and other institutions to promote economic education by running a vari...