Cherry Blossom Financial Education Institute
The 7th Cherry Blossom Financial Education Institute is scheduled for April 21 – 22, 2022 at the George Washington University in Washington, D.C. The National Endowment for Financial Education has continued their sponsorship of the event and for supporting the Financial Literacy Research Award and the Rising Financial Literacy Scholar Award.
The Financial Literacy Research Award, for the best submitted paper, will be presented at the 2022 Institute. The award includes a prize of $5,000.
The Rising Financial Literacy Scholar Award, for the best poster presentation by a PhD student, will be presented at the 2022 Institute. The award includes a prize of $750.
CALL FOR PAPERS
Submissions are due March 1, 2022.
Click on each year listed on the bottom of this page to learn more about previous Institutes.
THE ORIGINS OF THE CHERRY BLOSSOM FINANCIAL EDUCATION INSTITUTE
The idea for the annual Cherry Blossom Financial Education Institute originated at the 2010 Colloquium held by the National Endowment for Financial Education (NEFE): Quarter Century Project: 25 Years of Research in Financial Education. For that event, an extensive body of research was collected and presented, but little consensus emerged about what makes financial education effective.
To further our understanding of the effectiveness of financial education, three researchers— Annamaria Lusardi of GFLEC, Michael Staten of the University of Arizona, and William Walstad of the University of Nebraska-Lincoln—organized and conducted a forum (or “Institute”) in April 2014 with researchers who were invited to discuss key research issues and works in progress. This first Institute was hosted by the Take Charge America Institute (TCAI) at the University of Arizona.
The success of the 2014 event led GFLEC to host a second Institute in Washington, D.C., in April 2015, funded by TCAI. This second Institute was named the Cherry Blossom Financial Education Institute and thus the annual event was born. The research committee selecting the papers for presentation continues to be comprised of Professors Lusardi, Staten, and Walstad.
NEFE became the main sponsor of the Institute in 2016 and supports the Financial Literacy Research Award, which was inaugurated in 2018. MFS Investment Management has supported the Institute since 2018.
THE ASIA PACIFIC FINANCIAL EDUCATION INSTITUTE
The Asia Pacific Institute is a new joint collaboration between the Sim Kee Boon Institute for Financial Economics (SKBI) at the Singapore Management University and GFLEC. The Asia Pacific Institute is modeled after GFLEC’s Cherry Blossom Financial Education Institute held in Washington, D.C. every April. The research committee for the Asia Pacific Institute consists of David Fernandez (SKBI), Annamaria Lusardi (GFLEC), Michael Staten (University of Arizona) and William Walstad (University of Nebraska).
2021 Asia Pacific Financial Education Institute
This year’s event will be held virtually November 15-17, 2021.
CALL FOR PAPERS
2020 Asia Pacific Financial Education Institute
“COVID-19, Financial Fragility and Resilience” was held virtually on December 2, 2020 from 8:30 – 10:30 SGT.
Speakers include the former Indonesian Finance Minister, Muhamad Chatib Basri; the Deputy Governor of the Central Bank of the Philippines (BSP), Chuchi Fonacier; and Melbourne Institute Director, Abigail Payne. The welcome address was made by Singapore Exchange CEO, Loh Boon Chye. The keynote address was made by the GFLEC Academic Director, Annamaria Lusardi.
2019 Asia Pacific Financial Education Institute
A call for papers was issued for the Asia Pacific Financial Education Institute held in Singapore on September 16 – 17, 2019.
PAPERS, PRESENTATIONS, & PHOTOS