Policymakers

November 2020

Many Americans are functioning in today’s environment with a poor level of financial literacy. This is more true among women than men, and more true among underrepresented minority women than their white peers. Especially problematic in today’s environment is the finding that financial literacy is particularly low in the area of comprehending and understanding risk and uncertainty. On average, U.S. women correctly answered only one-third of the index questions related to risk and uncertainty. The same holds true among African American and Hispanic women.

October 2020

Many healthcare sector employees have made changes to their retirement saving and investments since the onset of COVID-19. Nonetheless, confidence in the amount they are saving and in the investment of their savings has been shaken.

 
 
 
October 2020

Looking beyond the pandemic, higher education institutions are evaluating what may need to change in their operating models.

 
 
August 2020

Precarious financial behaviors, coupled with low financial literacy, have left many millennials ill-equipped to face a severe economic crisis.

 
 
 
 
 
 
 
June 2020

Poor financial capability can contribute to a host of problems, particularly for people close to retirement.

 
 
 
 
 
 
 
 
 
 
 
June 2020

Poor financial capability can contribute to a host of problems, particularly for people close to retirement.

 
 
 
 
 
 
 
June 2020

Behavioral prompts that encourage reflection on goals and future needs can have significant effects on asset allocation decisions and expected returns.

 
 
 
June 2020

Even with all the theoretical reasons to purchase life annuities, few retirees do so. What role do emotions and social norms play in annuity product uptake?

 
 
 
 
 
 
 
 
 
 
 
June 2020

What happens when workers suffer a decrease in total wealth due to changes in their retirement plan’s benefit levels?