动机和成本如何影响金融知识学习？来自中国大规模金融科技实验的证据

IF 5.2 1区经济学 Q1 ECONOMICS

中国经济评论 Pub Date : 2024-10-22 DOI:10.1016/j.chieco.2024.102294

Xuefeng Pan , Qin Su , Haibo Lei

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引用次数: 0

摘要

我们利用 2013 年中国移动财富管理服务的推出对金融教育的冲击，通过差分策略分析了 16440 个家庭的面板数据，研究学习动机和成本如何影响金融知识的学习。结果表明，使用移动服务会鼓励持有风险资产并增强学习的自律性，再加上服务提供的低成本和个性化学习工具，从而增加了金融知识。我们利用课堂之外的大规模实验来说明学习动机和学习成本在金融知识学习中的作用，因此有助于澄清关于金融教育有效性的争议。

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How motivations and costs affect financial knowledge learning? Evidence from a large-scale FinTech experiment in China

Utilizing the launch of mobile wealth management services in China in 2013 as a shock to financial education, we analyze a panel of 16,440 households through a difference-in-differences strategy to examine how learning motivations and costs affect financial knowledge learning. Results show that using mobile services encourages risky asset holdings and enhances the self-discipline to learn, which, coupled with low-cost and personalized learning tools provided through the services, increases financial knowledge. We contribute by utilizing a large-scale experiment beyond the classroom to show the role of learning motivations and costs in financial knowledge learning, therefore help clear the controversy on the effectiveness of financial education.

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来源期刊

中国经济评论 ECONOMICS-

CiteScore

10.60

自引率

4.40%

发文量

380

期刊介绍： The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.