Plausibly Exogenous [645] - Financial Literacy (10/24/2021)
LHS Variable
Savings in private retirement accounts and stockholding
RHS Variable
Exposure to financially literate neighbors
Source of Exogenous Variation
Swedish natural experiment in which refugees were assigned to specific apartments through a nationwide placement program
- Haliassos, Jansson, and Karabulut (2020), “Financial Literacy Externalities”