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Behavioral Economics and Financial Education

 

Professor Annamaria Lusardi reviews the basics of the behavioral economics movement as it intersects with financial education. Professor Lusardi also discusses recent developments in the field and the future direction of behavioral economics from a financial education practitioner's standpoint. 

Resources

Behavioral Economics and Financial Education (Dr. Lusardi's PPT)

The Economic Importance of Financial Literacy: Theory and Evidence (PDF)

Behavioral Economics and Asset Building (PDF)

RAND Financial Literacy Center (Website)

Global Financial Literacy Excellence Center (Website)

CFED Behavioral Economics Resources (Website)

Ideas 42 Using Behavioral Economics to Do Good (Website)

 

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About Dr. Lusardi

Dr. Lusardi Dr. Lusardi, Professor of Economics at George Washington University, is the Director of the Global Financial Literacy Excellence Center (GFLEC) and the Financial Literacy Center (FLC), a joint Center with the Rand Corporation, Dartmouth College, and the Wharton School. Dr. Lusardi has worked on several projects on financial education in both the United States and abroad. She has advised the Dartmouth Hitchcock Medical Center, FINRA Investor Education Foundation, the Dutch Central Bank, the OECD, and the World Bank on issues related to financial literacy and saving. In 2009, she served as a faculty advisor for the Office of Financial Education of the U.S. Treasury. She was recently recognized by the New York Times as one of the six most influential economists in the area of financial reform.

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