Financial education for female foreign domestic workers in Singapore

B-Tier
Journal: Economics of Education Review
Year: 2020
Volume: 78
Issue: C

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We evaluate a randomized field experiment to study the effect of financial workshops for domestic workers in Singapore. Groups of women met monthly with a trained mentor. Take-up rates were low and our results are inconclusive as to whether invitations to these workshops improved financial knowledge and behavior. Unexpectedly, treatment assignment had a significant, negative effect on self-reported savings. Further exploration suggests that assignment to treatment could affect participants’ awareness of accumulated savings. We find a reduction in the number of savings accounts reported and an increase in the probability respondents report having disagreements with family members over finances.

Technical Details

RePEc Handle
repec:eee:ecoedu:v:78:y:2020:i:c:s0272775718304254
Journal Field
Education
Author Count
3
Added to Database
2026-01-24