Saving and the Effectiveness of Financial Education

By Anna Lusardi. 2003

221 citations recorded by the source corpus.

Subfields: Accounting, Demography, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/fce9f755ab343915b52ea573a9de4804fdd4f2a6

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Citations in the corpus

Financial literacy and retirement planning in the Netherlands (2011, background): “In fact, many US employees have very little savings on the verge of retirement (Lusardi, 2003, 2004; Lusardi & Mitchell, 2007a).”
Financial Literacy and Retirement Preparedness: Evidence and Implications for Financial Education (2007, unknown): “Some 54% of respondents believed that fixed income investments would provide higher returns than stocks over an 18-year period, and again financial literacy was strongly positively correlated with socio-economic status.”
Baby Boomer Retirement Security: The Roles of Planning, Financial Literacy, and Housing Wealth (2006, unknown): “To this end, some firms have offered their employees retirement seminars (Lusardi, 2004), and financial advice provision has been made more feasible by the new Pension Protection Act of 2006.”
Financial Literacy and Retirement Planning: New Evidence from the Rand American Life Panel (2007, background): “Similar financial illiteracy has been confirmed in other countries as well.2 To remedy these shortfalls, some employers and policymakers have begun to offer financial education and retirement planning seminars (Bernheim and Garrett, 2003; Lusardi, 2004).”
Financial Literacy Among the Young: Evidence and Implications for Consumer Policy (2009, unknown): “Several firms, particularly those offering defined contribution pensions, have offered financial education programs (Bernheim and Garrett 2003; Lusardi 2004).”
Impact of Financial Literacy on Access to Financial Services in Kenya (2012, background): “Still on the Health and Retirement Survey (HRS), Lusardi (2003) investigated the effect of retirement seminars on savings and wealth.”
Financial Literacy: What Works? How Could it be More Effective? (2010, unknown): “In a regression explaining wealth, Lusardi (2003b) uses information on siblings as instruments for planning, an approach which may not be valid given the complexities of the economics of the family and the requirement of a good instrument that it not only be exogenous with respect to the tastes for…”
Financial Literacy among the Young (2010, unknown): “Several ﬁrms, particularly those offering deﬁned contribution pensions, have offered ﬁnancial education programs (Bernheim and Garrett 2003; Lusardi 2004).”
Attitudes and behaviour in everyday finance: evidence from Switzerland (2009, background): “…and Wahlund, 1997; Normann and Langer, 2002), with questions on what determines savings (Alessie and Teppa, 2004; Kotlikoff, 1989), how to increase the savings of employees who lack willpower (Thaler and Benartzi, 2004), and finally why households fail to plan for retirement (Lusardi, 2003).”
Financial Literacy, Retirement Planning and Household Wealth† (2012, unknown): “14 See Lusardi and Mitchell (2007) for a more detailed discussion of the explanations why retirement planning affects wealth.”
Motivation and financial literacy (2007, background): “Bayer, Bernheim and Scholz (1996) found that employer retirement seminars increased both participation in and contributions to voluntary savings plans and Lusardi (2004) found this to be particularly true for older workers who, presumably, had higher levels of motivation. Neukam and Hershey (2003) d”