Cherry Blossom Financial Education Institute
The 6th Cherry Blossom Financial Education Institute was held on April 8-9, 2020. Researchers from around the globe presented their work at this virtual event. This year’s Institute and the accompanying awards were sponsored by the National Endowment for Financial Education.
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GFLEC is proud to announce the winners of the Financial Literacy Research Award and the Rising Financial Literacy Scholar Award.
Megan Hunter of Boston College has won the Financial Literacy Research Award for the paper she submitted to the Institute, entitled “Can Facing the Truth Improve Outcomes? Effects of Information in Consumer Finance.”
Samir E. Mahmoudi of Georgia State University has won the Rising Financial Literacy Scholar Award for his paper, entitled “Later-career Unemployment Shocks, Pension Outcomes and Unemployment Insurance.”
We thank the National Endowment for Financial Education for sponsoring the awards.
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Annamaria Lusardi, Academic Director, GFLEC |
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Billy Hensley, President & CEO, National Endowment for Financial Education |
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KEYNOTE ADDRESS: THE IMPLICATIONS OF GAMESTOP FOR RETAIL INVESTOR FINANCIAL LITERACY Jill Fisch, Saul A. Fox Distinguished Professor of Business Law and Co-Director, Institute for Law and Economics, University of Pennsylvania Carey Law School Bio | Presentation | Video |
Session Chair: Michael Staten, Professor, Agricultural and Resource Economics, The University of Arizona
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Francesco D’Acunto, Boston College: “How Costly Are Cultural Biases?” Paper | Presentation |
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Angela Hung, Robinhood Behavioral Insights Research: “Financial Literacy and Investor Literacy of the New Generation of Investors” Paper | Presentation |
Session Chair: Alberto Rossi, Provost’s Distinguished Associate Professor of Finance, Georgetown University
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Megan Hunter, Boston College: “Can Facing the Truth Improve Outcomes? Effects of Information in Consumer Finance” Paper | Presentation |
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Francesco Saita, Bocconi University: “Understanding the Demand for Financial Literacy” Paper | Presentation |
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Da Ke, University of South Carolina: “The Power of Love: Emotional Support and Financial Hardship” Paper | Presentation |
Session Chair: Jill Jones, Managing Director of Research, National Endowment for Financial Education
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Jeremy Burke, University of Southern California: “Can Educational Interventions Reduce Susceptibility to Financial Fraud?” Paper | Presentation |
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Alejandro Herrera, Inter-American Development Bank: “Youth’s Financial Skills and Behavior: Evidence from a Financial Diaries Study” Paper | Presentation |
Session Chair: Hector Ortiz, Senior Policy Analyst, Consumer Financial Protection Bureau
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Chris M. Boyd Leon, University of Minnesota, Twin Cities: “A Business Case for Financial Education and Microsavings Promotion: Experimental Evidence from a For-Profit Program in Rural Peru” Paper | Presentation |
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Samir E. Mahmoudi, Georgia State University: “Later-career Unemployment Shocks, Pension Outcomes and Unemployment Insurance” Paper |
Session Chair: Annamaria Lusardi, Academic Director, GFLEC
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William L. Skimmyhorn, William and Mary: “How do Behavioral Approaches to Increase Savings Compare? Evidence from Multiple Interventions in the U.S. Army” Paper |
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Anita Mukherjee, University of Wisconsin-Madison: “Abandoned Retirement Savings” Paper |