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WINTER 2014 NEWSLETTER

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Message from Academic Director Annamaria Lusardi
 

Dear Friends and Colleagues,
 

As Financial Literacy Month begins, it is my pleasure to update you on the work that GFLEC has been doing to promote financial literacy and financial literacy research in the United States and abroad.

Several of our recent events have focused on research that looks at women’s financial literacy, which is found to be consistently lower than that of men across countries. GFLEC also has released a new study examining the financial behavior of the generation known as the Millennials. I think some of the results may surprise you.

To celebrate Financial Literacy Month, we are launching the FinLit Talks. Inspired by the TED Talks, FinLit Talks are short video interviews with thought leaders in financial literacy. We will post a new video on our website each day during the month of April.

If you are not yet doing so, you may follow our activities in real time on Twitter, LinkedIn, and Facebook as well as on my blog.

 
Warm regards,
Anna

 
College Educated Millennials      Elsa Fornero   TEDx Foggy Bottom
Featured Research:
College-Educated Millennials
Former Italian Minister of Labor Visits GFLEC Lusardi Presents at TEDx Foggy Bottom
     
GFLEC’s analysis of the 2012 National Financial Capability Study data reveals important information about young Americans’ financial knowledge—and their financial fragility. Among the findings in the report...

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Elsa Fornero, Italy’s former minister of labor, social policies, and equal opportunities and professor of economics at the University of Turin, visited GFLEC in February. Prof. Fornero worked on a project examining the importance of...

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Annamaria Lusardi joined an eclectic group of thought leaders and innovators—including a poet, neurologist, chalk artist, and professional counselor—onstage at a special TEDx event hosted by the George Washington University...

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GFLEC Happenings
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Journal of Economic Literature
 
Our Research Published in the Journal of Economic Literature

“The Economic Importance of Financial Literacy: Theory and Evidence,” coauthored by Annamaria Lusardi and Olivia Mitchell of the Wharton School, was published in the March issue of the Journal of Economic Literature...

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Gender Differences Research
 
Researching Gender Differences in Financial Literacy

GFLEC is working with its European Investment Bank Institute grant partners to examine gender differences in financial literacy in Germany, the Netherlands, Sweden, and the United States. GFLEC’s partners on the project are...

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SSRN Financial Literacy eJournal SSRN Financial Literacy eJournal

You can read the most recent papers on financial literacy in the Financial Literacy eJournal, launched last fall by GFLEC.
 
 OECD PISA  News from the OECD

We are delighted that the OECD Program for International Student Assessment (PISA) report on financial literacy will be released on July 9, 2014, and are very much looking forward to working with that data.

Director Annamaria Lusardi has been nominated to chair...


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Personal Finance Course
 
Teaching Personal Finance

A strong advocate of financial education, GFLEC Director Annamaria Lusardi is using her own institution as a laboratory. She designed and is teaching a new personal finance course at the George Washington School of Business (GWSB). The course—the first of its kind at the university—aims to provide students with the knowledge and tools they need...

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RAI Donna e... Rai Conference Spotlights the Gender Gap in Financial Literacy

Rai News, Italy’s public broadcasting network, included an examination of financial literacy and gender during the Donna È (Italian for “Woman Is”) conference it hosted in Rome on March 5 and 6. Director Annamaria Lusardi served as one of the keynote speakers in the session focused on women’s
...

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     FLSS Distinguished Speaker John Campbell
Financial Literacy Seminar Series

The Financial Literacy Seminar Series (FLSS) resumed in March with a presentation on mortgage refinancing behavior by Professor John Campbell from the Department of Economics at Harvard University. Using evidence from Denmark, Prof. Campbell examined the refinancing behavior of households during a recent period of declining interest rates...


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IE Business School

 
New Financial Literacy Seminar Series in Spain

Spain's IE Business School has teamed up with the Ramón Areces Foundation in Madrid to launch a new financial literacy seminar series. IE Business School is one of GFLEC’s collaborators, and Annamaria Lusardi took part in the January 16 inaugural seminar by presenting findings from the Financial Literacy Around the World project.

To listen to or view the presentation, please click
here.
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Global Financial Literacy Excellence Center
George Washington School of Business
Duquès Hall, Suite 450
2201 G Street NW
Washington, D.C. 20052
(202) 994-7148
gflec@gwu.edu
www.gflec.org

 
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Global Financial Literacy Excellence Center - George Washington School of Business
Duquès Hall, Suite 450
2201 G Street NW
Washington, D.C. 20052
USA

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