Financial literacy and financial crime: A regression discontinuity approach

Financial crime is often treated as a matter of enforcement. People break rules, courts prosecute, and regulators respond. But in reality, financial crime can also reflect financial pressure. Some individuals face weak balance sheets, poor debt management and limited savings, and stronger incentives to misuse money placed in their trust. This paper introduces a new [...]

Financial literacy and financial crime: A regression discontinuity approach was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.