000			01287nam a22001577a 4500
999			_c517252 _d517252
008			210707b ||||| |||| 00| 0 eng d
100			_aAjayi, Kehinde F. and Ross, Philip H. _926266
245			_aThe effects of education on financial outcomes: Evidence from Kenya
260			_aEconomic Development and Cultural Change
300			_a69(1), Oct, 2020: p.253-289
520			_aWe 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			_aFree primary education (FPE), Kenya, _926267
773			_aEconomic Development and Cultural Change
906			_aEDUCATION - KENYA
942			_cAR