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People with more financial literacy are less economically fragile — this matters for aggregate shocks from pandemics to climate change: Annamaria Lusardi

Drawing from our data, these are mostly the Nordic countries, Canada and the UK. They have a strong educational system and do well in financial literacy. This does matter — studying microdata across countries, weve found people with greater financial literacy are less economically fragile or more able to face shocks. This is particularly important in an era when we face not just normal distur-bances but shocks at an aggregate level, like the pandemic or climate change, says Annamaria Lusardi. ....

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ELECTION 2023: Fairfield's school board candidates discuss COVID learning loss, Henrico's inequalities, and more

(From left) Candidates for the Fairfield District seat on the Henrico School Board include Keith Hicks, Tommie Jefferson, Terrell Pollard, Crystal Parker and Ryan Young. All five candidates running for the Henrico School Board’s Fairfield District seat – Keith Hicks, Tommie Jefferson, Crystal Varner Parker, Terrell Pollard, and Ryan Young – spoke with the Citizen ....

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Savings: Perissinotto (Eurizon), Gradual risk management strategies needed

MILAN, Italy, May 19, 2023 (GLOBE NEWSWIRE) In the current market environment, "the return of interest rates to positive levels and inflation are big news, something we haven't seen for years". This ....

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Asian Fintech WeLab Appoints Bruno Lee as Group Advisor

Asian Fintech WeLab Appoints Bruno Lee as Group Advisor
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Annamaria Lusardi: 'Financial Education Works'

A noted researcher discusses the state of financial literacy in the U.S., the connection with income inequality, and what works with financial education. ....

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