Tag
educational_attainment
3 findings
EducationDisbursement Timing Liquidity IncentivesStandard periodic attendance subsidies increased secondary school attendance by 2 to 4 percentage points, whereas lump-sum payments timed at matriculation deadlines increased tertiary education attendance by over 9 percentage points.RCTEconomics (general)College Entrance Exam Participation Graduation ProxyBecause 90% of high school graduates sit for the ICFES exam, registration served as a high-precision proxy for high school completion, revealing that vocational voucher winners were 5 to 6 percentage points (a 25% relative increase) more likely to complete secondary school than losers.RCTBehaviour & psychologyDecoupling of General Formal Education and Specific Financial LiteracyDespite high general schooling attainment averaging 15.63 years completed, only 20.6% of household heads correctly answered both basic financial literacy questions at baseline.Observational Study