Keeping It Simple: Financial Literacy and Rules of Thumb

Micro-entrepreneurs often lack the financial literacy required to make important financial decisions. We conducted a randomized evaluation with a bank in the Dominican Republic to compare the impact of two distinct programs: standard accounting training versus a simplified, rule-of-thumb training th...

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Bibliographic Details
Main Authors: Drexler, Alejandro (Author), Fischer, Greg (Author), Schoar, Antoinette (Contributor)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2014-06-24T13:57:56Z.
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