Annamaria Lusardi
Professor of Finance (by courtesy)
Research Statement
Research Interests
- Financial Literacy
- Personal Finance
- Wealth Management
- Applied Economics
Teaching Statement
Bio
Annamaria Lusardi is the Director of the Initiative for Financial Decision-Making, a collaboration between the Graduate School of Business (GSB), the Stanford Institute for Economic Policy Research (SIEPR), and the Economics Department. She is also Professor of Finance (by courtesy) at the GSB and a Senior Fellow at SIEPR. Previously, she was University Professor at The George Washington University and, before that, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College. She has also taught at Princeton University, the University of Chicago’s Harris School of Public Policy and Booth School of Business, Columbia Business School, and was a visiting scholar at Harvard Business School. She holds a Ph.D. in Economics from Princeton University and an honorary doctorate from the University of Vaasa in Finland.
One of the most cited authors in financial literacy, Lusardi is the founder and Academic Director of the Global Financial Literacy Excellence Center (GFLEC), which has done pioneering work on personal finance education. She has published close to 100 articles and books, including publications in the American Economic Review and the Journal of Political Economy. She is the founder and inaugural editor of the Journal of Financial Literacy and Wellbeing, published by Cambridge University Press. She has received numerous research and policy awards around the world, including grants from the National Science Foundation, the National Institutes of Health, and the Social Security Administration. She also won teaching awards at both Princeton and the University of Chicago.
Lusardi served as a faculty advisor for the Office of Financial Education at the U.S. Treasury. From 2017 to 2023, she was the Director of the Italian Financial Education Committee in charge of designing and implementing a national strategy for financial literacy in Italy. Her research is featured regularly in media outlets such as The Wall Street Journal, Financial Times, Forbes, and CNBC.
Academic Degrees
- PhD in Economics, Princeton University, 1992
- BA in Economics; Bocconi University, Milan, Italy; 1986
Academic Appointments
- Denit Trust Chair of Economics and Accountancy, The George Washington University School of Business, 2014–24
- University Professor of Economics and Accountancy, The George Washington University, 2020–2023
- Denit Trust Distinguished Scholar and Professor of Economics and Accountancy, The George Washington University School of Business, 2012–14
- Denit Trust Professor of Economics and Accountancy, The George Washington University School of Business, 2010–12
- Joel Z. and Susan Hyatt Professor of Economics, Dartmouth College, 2009–10
- Professor of Economics, Dartmouth College, 2006–09
- Associate Professor of Economics, Dartmouth College, 1998–2006
- Assistant Professor of Economics, Dartmouth College, 1992–98
Professional Experience
- Director, Italian Financial Education Committee, 2017–23
- Chair, OECD-International Network on Financial Education, 2014–present
- Chair, Financial Literacy Expert Group, Programme for International Student Assessment (PISA), OECD, 2009–15
- Academic Advisor; U.S. Treasury, Office of Financial Education; 2009
Awards and Honors
- Financial Education Impact Award, NEFE Inaugural 30th Anniversary, 2022
- Pearson Award, Financial Management, 2022
- Best Academic Paper, The Money Awareness and Inclusion Awards (MAIA), 2022
- Kulp-Wright Book Award, American Risk and Insurance Association, 2022
- Honorary Degree of Doctor of Science (Economics and Business Administration); University of Vaasa, Finland; 2018
- Ketchum Prize, FINRA Investor Education Foundation, 2018
- Oscar and Shoshana Trachtenberg Prize for Scholarship, The George Washington University, 2018
- Skandia Research Award on Long-Term Savings; Stockholm, Sweden; 2017
- Financial Literacy Award, International Federation of Finance Museums, 2015
- William A. Forbes Public Awareness Award, Council for Economic Education, 2014
- William E. Odom Visionary Leadership Award, Jump$tart Coalition for Personal Financial Literacy, 2013
- National Numeracy Network’s inaugural 2012 Steen Award, Numeracy, 2013
- Winner of the Fidelity Pyramid Prize, 2007
- Award for Best Teacher, University of Chicago Harris School of Public Policy, 1999–2000
- First Prize for Excellence in Teaching, Princeton University, 1989
Publications
Journal Articles
Working Papers
Academic Publications
Conferences, Talks & Speaking Engagements
Keynote speaker, Bank of Finland Financial Literacy Conference, Helsinki, June 12, 2023
State of the Art Lecture, Canadian Economics Association Annual Meeting, Winnipeg, Manitoba, Canada, May 30, 2023
Keynote speaker, Conference on Financial Literacy and Education in Cyprus: Challenges, Lessons from Other Countries and the Way Forward, Central Bank of Cyprus (online), March 10, 2023
Keynote speaker, OECD-INFE launch of the Policy Handbook on Financial Education in the Workplace, June 15, 2022
Keynote speaker, Joint European Supervisory Authorities High-level Conference on Financial Education and Literacy, February 2, 2022 (online)
Special address, G20 Global Partnership for Financial Inclusion High-Level Symposium, Rome, Italy, October 5, 2021
Keynote speaker, Financial Resilience and Financial Literacy Opportunities for the Economic Empowerment of Women, OECD, March 31, 2021 (online)
Panel, March 19, 2021 (online)
Keynote speaker, 10th Annual SKBI Conference on COVID-19, Financial Fragility and Resilience, Sim Kee Boon Institute for Financial Economics, Singapore Management University, December 2, 2020
Invited Panel, International conference: The milestones of the Integral Ecology for a Human Economy, Fondazione Centesimus Annus Pro Pontifice, Vatican City, Rome, October 30, 2020
Speaker, Singapore, November 13, 2018
Stanford University Affiliations
- Director Initiative for Financial Decision-Making
- Senior Fellow Stanford Institute for Economic Policy Research
Service to the Profession
- Inaugural editor, Journal of Financial Literacy and Wellbeing, 2023–present
- Editorial Board, Journal of Accounting and Public Policy, 2019–present
- Editor, Financial Literacy eJournal, 2014–present
- Advisory Board, Journal of Retirement, 2013–present
- Editorial Board, Journal of Economic Education, 2010–present
- Editorial Board, Journal of Pension Economics and Finance, 2009–present
- Member, Advisory Board, Pension Research Council, Wharton School, University of Pennsylvania, 2008–present
- Member Scientific Monitoring Board, Survey of Health, Ageing and Retirement in Europe (SHARE), 2011–20
- Policy Editor; Financial Decision Making, Behavioral Science and Policy; 2013–19
- Member, Expert Committee, World Economic Forum, Retirement Investment Systems Reform Project, 2016–18
- Member Panel of Judges for the Samuelson Award, TIAA-CREF Institute, 2006, 2013
- Editorial Board, Journal of Economic Literature, 2009–12
- Member Technical Review Committee, U.S. Bureau of Labor Statistics’ National Longitudinal Surveys Program, 2003–11
- Member Academic Advisory Board; Center for Private Equity and Entrepreneurship, Tuck School of Business; 2005–10