Replication data for: Assessing Financial Education: Evidence from Boot Camp
Principal Investigator(s): View help for Principal Investigator(s) William Skimmyhorn
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
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| skimmyhorn-do | 10/26/2021 03:26:PM | ||
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text/plain | 14.6 KB | 12/07/2019 11:16:AM |
Project Citation:
Skimmyhorn, William. Replication data for: Assessing Financial Education: Evidence from Boot Camp. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-12-07. https://doi.org/10.3886/E116508V1
Project Description
Summary:
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This study estimates the effects of Personal Financial Management
Course attendance and enrollment assistance using a natural experiment
in the US Army. New enlistees' course attendance reduces the
probability of having credit account balances, average balances,
delinquencies, and adverse legal actions in the first year after the
course, but it has no effects on accounts in the second year or credit
scores in either year. The course and its enrollment assistance substantially
increase retirement savings rates and average monthly
contributions, with effects that persist through at least two years. The
course has no significant effects on military labor market outcomes.
(JEL D14, I21, J45)
Scope of Project
Subject Terms:
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Thrift Savings Plan;
Ficial education;
military;
credit;
retirement savings
JEL Classification:
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D14 Household Saving; Personal Finance
I21 Analysis of Education
J45 Public Sector Labor Markets
D14 Household Saving; Personal Finance
I21 Analysis of Education
J45 Public Sector Labor Markets
Geographic Coverage:
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United States
Collection Notes:
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Data not available due to Privacy Act restritions.
Methodology
Unit(s) of Observation:
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Individual,
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