Social Sciences Forum — Mullen Lecture — Annamaria Lusardi

Social Sciences Forum — Annual Mullen Lecture

Annamaria Lusardi, Ph.D.
Senior Fellow at the Stanford Institute for Economic Policy Research
Director of the Initiative for Financial Decision-Making
Professor of Finance (by courtesy) at the Stanford Graduate School of Business

In this lecture, entitled The Importance of Financial Literacy: Lessons From Many Years of Data, Annamaria Lusardi will present data from the Big Three (three questions to measure financial literacy), the Personal Finance Index (twenty-eight questions to measure financial literacy), and new information from the Consumer Expectations Survey from the European Central Bank to document very low levels of financial literacy in the United States and around the world. Looking at the data from a personal finance approach, she will show how financial literacy affects financial decision-making, from managing assets to debt and debt management, and the consequences of low financial knowledge for individuals and society as well. Lusardi will discuss the implications of her findings for policy, including national strategies for financial literacy. She will also discuss the importance of teaching personal finance in school and college.

Admission is free.

The Mullen Lecture is organized by the Department of Economics and cosponsored by the Center for Social Science Scholarship.

Photo courtesy of the speaker.