Joana Elisa Maldonado
De Witte Kristof
The effects of parental involvement in homework: two randomised controlled trials in financial education
Empirical Economics, (2021).
This paper provides causal evidence on the effects of parental involvement on stu- dent outcomes in a financial education course based on two randomised controlled trials with a total of 2,779 students from grade 8 and 9 in Flanders. Using an ex- perimental design with three treatment groups, the impact of parental involvement in homework is distinguished from the standalone impact of the classroom inter- vention and homework itself. Intention-to-treat analysis reveals that access to the intervention effectively improves students’ financial literacy in the two dimensions of knowledge and behaviour. The classroom intervention combined with a homework assigned to be completed with the parents increases financial literacy by 0.38 stan- dard deviations. On average, the added value of prompting parental involvement in homework is not statistically significant. Yet, stimulating parental involvement has significant positive effects on behaviour for disadvantaged students.
Keywords : scientific publication, education economics,