Cherry Blossom Financial Education Institute
The 8th Cherry Blossom Financial Education Institute was held on April 20 – 21, 2023. Researchers from around the globe presented their work at the George Washington University in Washington, D.C.
We thank the National Endowment for Financial Education for continuing the sponsorship of the event and supporting the Financial Literacy Research Award and the Rising Financial Literacy Scholar Award.
Click on each year listed at 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 consists of Professors Annamaria Lusardi, Michael Staten, and Alberto Rossi of Georgetown University
NEFE became the main sponsor of the Institute in 2016 and supports the Financial Literacy Research Award.
THE ASIA PACIFIC FINANCIAL EDUCATION INSTITUTE
The Asia Pacific Institute is a 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).
2022 Asia Pacific Financial Education Institute
The sharp rise in inflation affects every household and highlights the importance of personal financial literacy and education. On November 17 and 18, Singapore Management University will host the Asia Pacific Financial Education Institute (APFEI), which will feature new academic research in this emerging field.
The papers will cover topics like financial education and spillover effects, retirement planning tools, financial literacy in housing markets, fintech nudges including overspending messages, retirement savings behavior, and sustainable financial literacy.
REGISTER FOR THE EVENT CHECK OUT THE PROGRAM
2021 Asia Pacific Financial Education Institute
This year’s event was held virtually on November 15-17, 2021.
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