Cherry Blossom Financial Education Institute
The first Cherry Blossom Emerging Researchers Forum is scheduled for October 15, 2020. This special online forum features the financial education research of four emerging scholars, representing three countries. The following emerging scholars will present their papers.
– Boukje Compen, PhD Researcher, Universiteit Antwerpen, Belgium: “The Impact of Teacher Engagement in an Interactive Webinar Series on the Effectiveness of Financial Literacy Education”
– Daniel Jacobs, PhD Candidate, University of Houston, USA: “Credit Shocks and Financial Literacy Accumulation”
– Daniel Mangrum, Research Economist, Federal Reserve Bank of New York, USA: “Personal Finance Education Mandates and Student Loan Repayment”
– Jasmira Wiersma, PhD Candidate, University of Groningen, The Netherlands: “Skating on Thin Ice: New Evidence on Financial Fragility”
We are grateful for the National Endowment of Financial Education’s sponsorship of this forum.
The 2020 Cherry Blossom Financial Education Institute has been cancelled. The 2021 event is tentatively scheduled for April 8-9, 2021.
The National Endowment for Financial Education is generously continuing their sponsorship of the event.
A Financial Literacy Research Award, sponsored by the National Endowment for Financial Education, will be presented to the authors of the best paper submitted for presentation at the 2021 Cherry Blossom Financial Education Institute. The award includes a prize of $5,000.
For the first time, the Rising Financial Literacy Scholar Award will be presented for the best poster presentation by a Ph.D. student. The award includes a $750 prize.
Click on each year listed on the bottom of this page to learn more about each Institute.
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 a 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).
2020 Asian Pacific Financial Education Institute
The second Asian Pacific Financial Education Institute will be held in Singapore on September 28-29, 2020. The call for papers will be issued soon.
2019 Asian 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