Annamaria Lusardi is the Denit Trust Endowed Chair of Economics and Accountancy at the George Washington University School of Business (GWSB). Moreover, she is the founder and academic director of GWSB’s Global Financial Literacy Excellence Center (GFLEC). Previously, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where she taught for twenty years. She has also taught at Princeton University, the University of Chicago Harris School of Public Policy, the University of Chicago Booth School of Business, and Columbia Business School. From January to June 2008, she was a visiting scholar at Harvard Business School. She holds a Ph.D. in Economics from Princeton University and a BA in Economics from Bocconi University in Milan, Italy.
Dr. Lusardi has won numerous research awards. Among them is the 2018 Oscar and Shoshana Trachtenberg Prize for Faculty Scholarship, the 2017 Skandia Research Award on Long-Term Savings (awarded in Sweden), the 2015 Financial Literacy Award from the International Federation of Finance Museums (awarded in China), the 2013 William E. Odom Visionary Leadership Award from the Jump$tart Coalition for Personal Financial Literacy, and the 2007 Fidelity Pyramid Prize, an award to authors of published applied research that best helps address the goal of improving lifelong financial well-being for Americans. Dr. Lusardi chairs the OECD/International Network on Financial Education’s Research Committee. She was recently appointed by the Italian Minister of Economy and Finance as Director of the Financial Education Committee in charge of designing Italy’s national strategy for financial literacy. In 2009, she served as a faculty advisor for the Office of Financial Education of the U.S. Treasury.
Half the households surveyed by Eurostat see themselves as unable to find the resources they would need to cope with an unexpected expense within a mo
The concept of household financial fragility emerged in the United States after the 2007-2008 financial crisis. It grew out of the need to understand