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Direct linkMo, Jeffrey – OECD Publishing, 2020
This May sees the release of the results from the third PISA assessment of financial literacy. These results are largely consistent with previous findings, but also go beyond earlier assessments in probing students' behaviours and attitudes towards money matters (including digital money matters) and their exposure to financial education at school.…
Descriptors: Test Results, Money Management, Consumer Education, Decision Making
Peer reviewed
Download full textBöhm, Patrik; Böhmová, Gabriela; Šimková, Viktória; Gazdíková, Jana – Problems of Education in the 21st Century, 2021
Financial literacy, specifically its measurement and education in this field, is a very current topic. The main aim of this research was to find out whether secondary school education had a positive impact on the level of student's financial literacy and to identify other important factors that affected its level. All 363 first-year bachelor's…
Descriptors: Secondary Education, Mathematics Education, Knowledge Level, Multiple Literacies
Cannistrà, Marta; Agasisti, Tommaso; Amagir, Aisa; Poder, Kaire; Holz, Oliver; Vartiak, Lukas; De Witte, Kristof – Research in Comparative and International Education, 2022
Given the expected advantages for individuals and societies, financial literacy is high on the policy agenda in many countries. This paper reports the results from a unique survey conducted on a sample of 13-16-year-old students in five European countries, aimed at measuring and comparing their level of financial literacy skills. The results…
Descriptors: Comparative Education, Money Management, Cross Cultural Studies, Secondary School Students
Silinskas, Gintautas; Ahonen, Arto K.; Wilska, Terhi-Anna – Large-scale Assessments in Education, 2021
The aim or the present study was to examine the relative importance of financial education in school and families and dispositional factors (competitiveness, work mastery, meta-cognition) in predicting financial literacy among Finnish adolescents. The data on the 4328 Finnish 15-year-olds was drawn from the PISA 2018 assessment. Financial literacy…
Descriptors: Money Management, Literacy, Knowledge Level, Adolescents
Liao, Yuqi – American Institutes for Research, 2020
This analysis compares 15-year-old students who reported career expectations in finance in 13 education systems that participated in the financial literacy assessment of the 2015 Program for International Student Assessment (PISA). In particular, it explores (a) selected demographic characteristics of students who expected to have a career in…
Descriptors: High School Students, Occupational Aspiration, Finance Occupations, Expectation
American Institutes for Research, 2020
This brief compares 15-year-old students who reported career expectations in finance in 13 education systems that participated in the financial literacy assessment of the 2015 Program for International Student Assessment (PISA). It explores selected demographic characteristics of these students and the association between students' finance career…
Descriptors: High School Students, Occupational Aspiration, Finance Occupations, Money Management
Chambers, Rebecca G.; Asarta, Carlos J.; Farley-Ripple, Elizabeth N. – Journal of Financial Counseling and Planning, 2019
This study examines the gender gap in financial literacy by using the Financial Literacy Assessment from the OECD's Programme for International Student Assessment (PISA). The analysis focuses on the influence of parents on their children's understanding of financial concepts, utilizing multilevel modeling procedures to examine variance among…
Descriptors: Gender Differences, Money Management, Literacy, Parent Child Relationship
National Center for Education Statistics, 2020
The Program for International Student Assessment (PISA) is a study of 15-year-old students' performance in reading, mathematics, and science literacy conducted every 3 years. The PISA 2018 results provide a global view of U.S. students' performance compared to their peers in nearly 80 countries and education systems. By design, PISA aims to…
Descriptors: Money Management, Knowledge Level, Consumer Education, Achievement Tests
Gonzales, Patrick; Sen, Anindita – National Center for Education Statistics, 2017
On May 24, the National Center for Education Statistics released Financial Literacy of 15-year-olds: Results from PISA 2015. The PISA assessment of financial literacy measured students' knowledge and understanding of fundamental elements of the financial world, including financial concepts, products, and risks, and their ability to apply what they…
Descriptors: Adolescents, Money Management, Knowledge Level, Literacy
Teravainen-Goff, Anne; Clark, Christina – National Literacy Trust, 2019
How good a reader a child is relates to how financially capable they are. Indeed, this report shows that children and young people who have good reading skills are four times as likely to have good financial skills compared with their peers who have poor reading skills. The reasons for this link are complex, and we bring together three broad areas…
Descriptors: Reading Skills, Money Management, Knowledge Level, Learning Motivation
Lenard, Matthew; Huang, Haigen – Wake County Public School System, 2018
In the spring of 2016 and 2017, a sample of juniors across all Wake County Public School System (WCPSS) high schools was administered a survey of financial literacy concepts as part of the College and Work Readiness Assessment (CWRA). The district administered this survey as education stakeholders have become increasingly interested in--and…
Descriptors: High School Students, Money Management, Knowledge Level, Consumer Education
OECD Publishing, 2020
Strong basic literacy and numeracy skills are important foundations for making sound financial decisions. Curriculum design, pedagogical methods and stakeholder involvement can all be harnessed to build student financial knowledge and well-being. This "Trends Shaping Education Spotlight" touches on growing financial risks for…
Descriptors: Money Management, Budgeting, Consumer Economics, Consumer Education
OECD Publishing, 2020
The OECD Programme for International Student Assessment (PISA) examines what students know in reading, mathematics and science, and what they can do with what they know. It provides the most comprehensive and rigorous international assessment of student learning outcomes to date. Results from PISA indicate the quality and equity of learning…
Descriptors: Foreign Countries, Secondary School Students, Money Management, Socioeconomic Influences
OECD Publishing, 2019
This report presents the conceptual foundations of the OECD Programme for International Student Assessment (PISA), now in its seventh cycle of comprehensive and rigorous international surveys of student knowledge, skills and well-being. Like previous cycles, the 2018 assessment covered reading, mathematics and science, with the major focus this…
Descriptors: Achievement Tests, International Assessment, Secondary School Students, Foreign Countries
Grama?ki, Iulian – Education Economics, 2017
This paper investigates the gap in Financial Literacy (FL) between native and immigrant 15-year-old school students using data from the 2012 PISA Financial Literacy Assessment. The size of the gap is about 0.15 standard deviations, going up to 0.3 for first-generation immigrants. This is partly because immigrants have poorer economic background,…
Descriptors: Money Management, Knowledge Level, Secondary School Students, Unskilled Workers
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