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BOOKS
Overcoming the Saving Slump:
How to Increase the Effectiveness of
Financial Education and Saving Programs
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Conferences
Improving the
Effectiveness of Financial Education and Saving Conference
How to
Increase the Effectiveness of Financial Education Workshop
Media Coverage
"Clues for the Clueless:
The mortgage crisis may create momentum for improving our financial literacy.
It's about time," Newsweek, April 2008
"Befuddled by debt? You're not alone," CNN, February 2008
"Is Your House Your Nest
Egg?" Money Magazine, September 2007
Raise your Retirement Literacy, Washington Post, March 2007
G8 International Conference on Improving Financial Literacy,
November 2006
What Works in Retirement, Money Magazine, September 2006
"Driving your financial investment? Perhaps a license is
needed", Dartmouth VOX
Financial Literacy and Planning,
MRRC Newsletter, May 2006
Capital is No Constraint,
Forbes, March 17, 2006
Caveat Investor, The
Economist, January 12, 2006
BLOG
Read my commentary about
financial literacy and
financial education programs
Summaries, Policy Briefs, Writing for Public Policy
The Importance of
Financial Literacy: Evidence and Implications for Financial
Education Programs, joint with Olivia Mitchell (Wharton
School), Policy Brief
Financial Literacy: An Essential Tool for Informed Consumer
Choice? October 2008, Working Paper, Dartmouth College.
401(k) Pension Plans
and Financial Advice. Should companies follow IBM's initiative?
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PUBLICATIONS AND WORKING PAPERS |
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FINANCIAL LITERACY, PLANNING
AND SAVINGS |
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Baby
Boomer Retirement
Security: The Roles of Planning, Financial
Literacy, and Housing Wealth, joint with Olivia Mitchell
(Wharton School, University of Pennsylvania), Journal of Monetary
Economics, January 2007, vol. 54, pp. 205-224.
Winner of the Fidelity Pyramid Prize, 2007, awarded to authors of published applied research that best helps address the goal of improving lifelong financial well-being for Americans. http://www.fidelityresearchinstitute.com/pyramidprize.html
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Financial
Literacy and Retirement Preparedness: Evidence and Implications
for Financial Education, joint with Olivia Mitchell (Wharton
School, University of Pennsylvania), Business Economics, January
2007, vol. 42(1) pp. 35-44.
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Saving
Between Cohorts: The Role of Planning," joint
with Jason Beeler in B. Madrian, O. Mitchell, and B. Soldo (eds.),
Redefining Retirement: How Will Boomers Fare? Oxford University
Press, 2007, pp. 271-295.
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New
Ways to Make People Save: A Social Marketing Approach, joint
with Punam Keller (Tuck School of Business) and Adam M Keller
(Executive VP for Finance and Administration, Dartmouth College),
for the book, "Overcoming the saving slump: How to increase the effectiveness
of financial education and saving programs," edited by
Annamaria Lusardi.
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Household
Saving Behavior: The Role of Literacy, Information and Financial
Education Programs, written for the conference Implications
of Behavioral Economics for Economic Policy held at the Federal
Reserve Bank of Boston on September 27-28, 2007.
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Financial
Literacy and Stock Market Participation, joint with Maarten
van Rooji (Dutch Central Bank) and Rob Alessie (University of
Utrecht), October 2007, MRRC Working Paper No. 2007-162.
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Financial
Literacy and Retirement Planning: New Evidence from the Rand
American Life Panel, joint work with Olivia Mitchell Wharton
School, University of Pennsylvania). October 2007, MRRC Working
Paper No. 2007-157
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Financial
Literacy and Planning: Implications for Retirement Wellbeing,
joint with Olivia Mitchell (Wharton School, University of
Pennsylvania), Pension Research Council Working Paper n. 1, 2006.
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Planning and Financial Literacy: How Do Women Fare?
University of Michigan Retirement Research Center Working Paper n.
2006-136, 2006.
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Saving
and the Effectiveness of Financial Education,
Pension Design and Structure: New Lessons from Behavioral
Finance, edited by O. Mitchell and S. Utkus, Oxford University
Press, 2004, pp. 157-184.
Reprinted in the
Journal of Financial Transformation, issue on Wealth,
Volume 15, December 2005.
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"Financial
Education and the Saving Behavior of African-American and Hispanic
Households," 2005.
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Planning and Savings for
Retirement Working Paper, Dartmouth College, 2003.
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Preparing
for Retirement: The Importance of Planning Costs, National
Tax Association Proceedings, 2002, pp. 148-154.
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Saving
for Retirement: the Importance of Planning, TIAA-CREF
Institute, Issue n. 66, December 2000.
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"Information,
Expectations, and Savings for Retirement," in Henry Aaron (ed.),
Behavioral Dimensions of Retirement Economics, Washington,
D.C.: Brookings Institution Press and Russell Sage Foundation,
1999, pp. 81-115.
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ENTREPRENEURSHIP |
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Liquidity
Constraints, Household Wealth, and Entrepreneurship, joint
with Erik Hurst (University of
Chicago Graduate School of Business),
Journal of Political Economy,
April 2004, Vol. 112(2), pp. 319-347.
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"Liquidity
Constraints and Entrepreneurship. Household Wealth, Parental
Wealth, and the Transition In and Out of Entrepreneurship,"
joint with Erik Hurst (University of Chicago Graduate School of
Business), December 2006, forthcoming in "Overcoming Barriers
to Entrepreneurship," Rowman and Littlefield.
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PRECAUTIONARY SAVING |
"Precautionary Savings and
the Importance of Business Owners," joint with Erik Hurst
(University
of Chicago Graduate school of Business),
Arthur Kennickell (Board of Governors), and Francisco Torralba (University
of Chicago), 2005
Robustness Appendix
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Disentangling the
Importance of the Precautionary Saving Motive," joint with
Arthur Kennickell (Board of Governors), Working Paper, Dartmouth
College, 2004.
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"On
the Importance of the Precautionary Saving Motive,"
American Economic Review, May 1998, vol. 88(2), pp. 449-453.
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"Precautionary
Saving and Subjective Earnings Variance," Economics Letters,
December 1997, vol. 57(3), pp. 319-326.
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COMPREHENSIVE SURVEY ON SAVING |
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"Household
Saving: Micro Theories and Micro Facts," joint with Martin
Browning, Journal of Economic Literature, December 1996,
vol. 34, pp. 1797-1855.
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SOCIAL
SECURITY |
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"Explaining
the Wealth Holdings of Different Cohorts: Productivity Growth and
Social Security," joint with Rob Alessie and Arie Kapteyn,
July 2005, European Economic Review, vol 49, pp 1361-1381
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CONSUMPTION
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"Permanent
Income, Current Income and Consumption: Evidence from Two Panel
Data Sets," Journal of Business and Economic Statistics,
January 1996, vol. 14(1), pp. 81-90.
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"Excess
Sensitivity and Asymmetries in Consumption: An Empirical
Investigation," joint with Ren้ Garcia and Serena Ng,
Journal of Money, Credit and Banking, May 1997, vol. 29(2),
pp. 154-176.
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"Consumption,
Saving and Habit Formation," joint with Rob Alessie,
Economics Letters, August 1997, vol. 55(1), pp. 103-108
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PUBLIC
POLICY AND SAVINGS |
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Saving, Public
Policy and Late-Life Inequality, joint with Jonathan Skinner and
Steven Venti, in S. Crystal and D. Shea (eds.), Annual Review
of Gerontology and Geriatrics, 2002, pp. 207-238
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"Saving
Puzzles and Saving Policies in the United States joint with
Jonathan Skinner and Steven Venti, Oxford Review of Economic
Policy, Spring 2001, 17(1), 95-115. NBER Working Paper 8237
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Pension
Accounting and Personal Saving, joint with Jonathan Skinner
and Steven Venti, in Just the Facts on Retirement Issues,
Center for Retirement Research at Boston College, 2003.
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Increasing
Saving among the Poor: The Role of Financial Literacy, Poverty
Research News, Northwestern/University of Chicago Joint Center
for Poverty Research, January-February 2002, vol. 6(1).
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SAVING
ACROSS COUNTRIES |
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Saving:
A Cross-National Perspective, joint with Axel Borsch-Supan in
A. Borsch-Supan (ed.), Life-Cycle Savings and Public
Policy: A Cross-National Study in Six Countries, Academic
Press, 2003, pp. 1-31.
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Review of the
book: Understanding Saving: Evidence from the United States and
Japan," by Fumio Hayashi, MIT Press, 1997, Southern Economic
Journal, July 1998, vol. 65, pp. 198-202.
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THE
DECLINE IN SAVING RATES |
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Discussion of
the paper: "Spendthrift in
America? On Two Decades of Decline in the U.S. Personal Saving,"
in B. Bernanke and J. Rotemberg (eds.),
NBER Macroeconomics Annual 1999,
pp. 374-386.
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SAVING
OVER THE LIFE CYCLE |
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Savings
of Young Parents (2001), joint with Ricardo Cossa and E.
Krupka,
Journal of Human Resources, Fall 2001, 36(4), pp. 762-794.
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"Saving
after Retirement: Evidence from Three Different Surveys,"
joint with Rob Alessie and Arie Kapteyn, Labour Economics,
June 1999, vol. 6(2), pp. 277-310.
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"Saving
and Income Smoothing: Evidence from Panel Data," joint with
Rob Alessie, European Economic Review, July 1997, vol. 41,
pp. 1251-1279.
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"Income
and Wealth over the Life Cycle: Evidence from Panel Data,"
joint with Rob Alessie and Trea Aldershof, Review of Income and
Wealth, March 1997, vol. 43(1), pp. 1-32.
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"Saving
and Wealth Holdings of the Elderly," joint with Rob Alessie
and Arie Kapteyn, Research in Economics, September 1995,
vol. 49, pp. 293-315.
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CREDIT
MARKETS AND THE LABOR MARKET |
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"Credit
Market Constraints and Labor Market Decisions," joint with
Daniela Del Boca, Labour Economics, December 2003, vol. 10,
pp. 681-703. |
Created and cared for by Kory Hirak |
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