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Annamaria Lusardi

Economics & Finance

Annamaria Lusardi

Senior Fellow, Stanford Institute for Economic Policy Research, Stanford University

Annamaria Lusardi is Senior Fellow at the Stanford Institute for Economic Policy Research (SIEPR) & the Director of the Initiative for Financial Decision-Making, a collaboration between SIEPR, the Graduate School of Business (GSB), and the Economics Department at Stanford University.

She is also Professor of Finance (by courtesy) at the GSB.

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, where she started her academic career.

She Was Appointed By Italy’s Minister Of Economy & Finance As The Director Of The Italian Financial Education Committee In Charge Of Designing And Implementing A National Strategy For Financial Literacy In Italy.

She Has Also Served As A Faculty Advisor For The Office Of Financial Education At The U.S. Department Of Treasury.

She has been ranked among the top 1% of economics and business researchers by citations.

Education
PhD Economics, Princeton University · BA Economics, Bocconi University
Topics
Economics · Finance · Public Policy · Financial Literacy · Personal Finance · Applied Economics · Entrepreneurship

In the Encyclopedia1

Books8

  • “The Importance of Financial Literacy: Opening a New Field,” with Olivia Mitchell, Journal of Economic Perspectives, vol. 37(4), pp. 137-54, Fall 2023.“The Importance of Financial Literacy: Opening a New Field,” with Olivia Mitchell, Journal of Economic Perspectives, vol. 37(4), pp. 137-54, Fall 2023.2023
  • “The Importance of Financial Literacy and Its Impact on Financial Wellbeing,” with Flore-Anne Messy, Journal of Financial Literacy and Wellbeing, vol. 1 (1), pp. 1-11, April 2023.“The Importance of Financial Literacy and Its Impact on Financial Wellbeing,” with Flore-Anne Messy, Journal of Financial Literacy and Wellbeing, vol. 1 (1), pp. 1-11, April 2023.2023
  • “Financial Education Affects Financial Knowledge and Downstream Behavior,” with Tim Kaiser, Lukas Menkhoff and Carly Urban, Journal of Financial Economics, vol. 145 (2), pp. 255-272, August 2022.“Financial Education Affects Financial Knowledge and Downstream Behavior,” with Tim Kaiser, Lukas Menkhoff and Carly Urban, Journal of Financial Economics, vol. 145 (2), pp. 255-272, August 2022.2022
  • “Financial Literacy and Financial Resilience: Evidence from Around the World” with Leora Klapper, Financial Management, Fall 2020, vol. 49(3), pp. 589-614.“Financial Literacy and Financial Resilience: Evidence from Around the World” with Leora Klapper, Financial Management, Fall 2020, vol. 49(3), pp. 589-614.2020
  • “Optimal Financial Knowledge and Wealth Inequality,” with Olivia S. Mitchell and Pierre-Carl Michaud, Journal of Political Economy, April 2017, 125(2), pp. 431-477.“Optimal Financial Knowledge and Wealth Inequality,” with Olivia S. Mitchell and Pierre-Carl Michaud, Journal of Political Economy, April 2017, 125(2), pp. 431-477.2017
  • “The Economic Importance of Financial Literacy: Theory and Evidence,” with Olivia S. Mitchell, Journal of Economic Literature, March 2014, 52(1), pp. 5-44.“The Economic Importance of Financial Literacy: Theory and Evidence,” with Olivia S. Mitchell, Journal of Economic Literature, March 2014, 52(1), pp. 5-44.2014
  • Financial Literacy: Implications for Retirement Security and the Financial MarketplaceFinancial Literacy: Implications for Retirement Security and the Financial Marketplace
  • Remaking Retirement: Debt in an Aging EconomyRemaking Retirement: Debt in an Aging Economy

Positions & affiliations26

  • Senior Fellow, Stanford Institute for Economic Policy Research (2023 - Present)
  • Director, Initiative for Financial Decision-Making, Stanford University (2023 - Present)
  • Professor of Economics & Accountacy, George Washington University (2010 - 2023)
  • Professor of Economics, Dartmouth College (1992 - 2010)
  • University Professor of Economics and Accountancy, The George Washington University, January 2020 - August 2023.
  • Denit Trust Chair of Economics and Accountancy, The George Washington University School of Business, 2014-2020.
  • Denit Trust Distinguished Scholar and Professor of Economics and Accountancy, The George Washington University School of Business, 2012-2014
  • Denit Trust Professor of Economics and Accountancy, the George Washington University School of Business, 2010-2012.
  • Visiting Scholar, Department of Mathematics, Dartmouth College, July 2015-
  • Visiting Scholar, Columbia Business School, May-June 2010
  • Joel Z. and Susan Hyatt Professor of Economics, Dartmouth College, 2009-2010
  • Visiting Professor, July 2008-March 2009, National Bureau of Economic Research, Cambridge, MA
  • Visiting Scholar, Harvard Business School, Boston, MA, January-June 2008
  • Professor of Economics, Dartmouth College, Hanover, NH, 2006-2009
  • Associate Professor of Economics, Dartmouth College, Hanover, NH, 1998-2006
  • Visiting Associate Professor, Graduate School of Business, University of Chicago, January-December 2004
  • Visiting Associate Professor, Graduate School of Business, University of Chicago, Spring 2002
  • Visiting Research Associate, Harris School of Public Policy Studies, University of Chicago, 1999-2000
  • Visiting Scholar, Northwestern/University of Chicago Joint Center for Poverty Research, 1998-99
  • Visiting Scholar, International Center for Economic Research (ICER), Turin, Italy, February-May 1996
  • Visiting Scholar, Innocenzo Gasparini Institute for Economic Research, Bocconi University, Milan, Italy, Fall 1995
  • Assistant Professor of Economics, Dartmouth College, Hanover, NH, 1992-98
  • Visiting Scholar, CentER, Tilburg University, the Netherlands, Fall 1992
  • Lecturer, Princeton University, NJ, 1991-92
  • Teaching Assistant, Department of Economics and Graduate Business School, Bocconi University, Milan, 1986-87
  • Research Fellow, Baffi Centre for Monetary and Financial Economics, Bocconi University, Milan, 1986-87

Honours & awards9

  • Doctor of Science (Economics and Business Administration), University of Vaasa, Finland, September 2018.
  • Best Teacher, University of Chicago Harris School of Public Policy, (Macroeconomics), 1999-2000.
  • First Prize for Excellence in Teaching, Princeton University, 1989-90.
  • Fellow, Econometric Society, 2024
  • NEFE Inaugural 30th Anniversary Financial Education Impact Award, December 2022
  • Best Academic Paper, from MAIA (The Money Awareness and Inclusion Awards), for the publication: “Financial Education Affects Financial Knowledge and Downstream Behavior” (joint work with Tim Kaiser, Lukas Menkhoff and Carly Urban), May 31, 2022
  • Kulp-Wright Book Award from the American Risk and Insurance Association for the book: “Remaking Retirement: Debt in an Aging Economy,” (jointly edited with Olivia S. Mitchell), May 2022
  • Ketchum Prize, FINRA Investor Education Foundation, for outstanding service and research to advance investor protection and financial capability in the U.S., 2018
  • Oscar and Shoshana Trachtenberg Prize for Scholarship, The George Washington University, presented annually to a tenured member of the faculty who has made significant original contributions to research and/or creative endeavors, 2018