No. 943 - Experiential financial education. Assessing the effectiveness of a Banca d'Italia museum exhibition
This study evaluates the impact of Banca d'Italia's 'The Adventure of Money' exhibition - which was held between October 2023 and June 2024 - on the financial literacy of students who visited it. To carry out this evaluation, a sample of around 600 students from 19 upper secondary schools in Rome were asked to complete a questionnaire before and after attending the exhibition. The questionnaire focused on the students' individual characteristics and the main topics covered during the visit.
Participation in the exhibition led to an average improvement of about one third in students' financial knowledge. The impact was greater for female students. No significant differences emerged based on the type of school attended or on the students' initial level of financial literacy. The effect was consistent whether the final questionnaire was administered a few days or several weeks after the visit, suggesting a certain degree of persistence in the knowledge acquired.