National Bureau of Economic Research, Inc.

To advance understanding of household financial behavior and policy

  • Amount $617,550
  • City Cambridge, MA
  • Investigator Brigitte Madrian
  • Initiative Behavioral Economics and Household Finance (BEHF)
  • Year 2015
  • Program Research
  • Sub-program Economic Institutions, Behavior, & Performance

Funds from this grant continue operational support to the NBER Working Group on Household Finance, a group of researchers from economics departments, business schools, government, and industry who come together to work on questions about household balance sheets and financial decision-making. Under the leadership of Brigitte Madrian of Harvard and Steve Zeldes of Columbia, the group holds regular meetings, shares new developments in the field, identifies gaps in the research literature and promising ways to fill them, develops research projects, and convenes a well-attended biennial meeting on the economics of household finance. Additional initiatives planned for the next three years include a postdoctoral fellowship program to help engage the next generation of rising economists in the field of household finance, and a project focused on developing new methods, standards, and courses related to the use of administrative and government data.

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