| 000 -LEADER |
| fixed length control field |
01287nam a22001577a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
| fixed length control field |
210707b ||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
| Personal name |
Ajayi, Kehinde F. and Ross, Philip H. |
| 245 ## - TITLE STATEMENT |
| Title |
The effects of education on financial outcomes: Evidence from Kenya |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
| Place of publication, distribution, etc |
Economic Development and Cultural Change |
| 300 ## - PHYSICAL DESCRIPTION |
| Extent |
69(1), Oct, 2020: p.253-289 |
| 520 ## - SUMMARY, ETC. |
| Summary, etc |
We study the effects of education on the financial outcomes of young people using Kenya’s introduction of free primary education (FPE) in 2003 as an exogenous shock to schooling. Our identification strategy compares changes across cohorts and across regions with differing levels of pre-FPE enrollment. We find that FPE is associated with increases in educational attainment and increased use of formal financial services. We also find increases in financial capability, employment rates, and incomes. Our results are robust to controls for supply-side changes in financial access, providing new evidence that a large-scale government intervention can generate significant demand-driven improvements in financial outcomes. – Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
| Topical term or geographic name as entry element |
Free primary education (FPE), Kenya, |
| 9 (RLIN) |
26267 |
| 773 ## - HOST ITEM ENTRY |
| Main entry heading |
Economic Development and Cultural Change |
| 906 ## - LOCAL DATA ELEMENT F, LDF (RLIN) |
| Subject DIP |
EDUCATION - KENYA |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
| Item type |
Articles |