Annamaria Lusardi

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Annamaria Lusardi
Annamaria Lusardi standing.jpg
Annamaria Lusardi in 2013
InstitutionThe George Washington University
FieldFinancial literacy
Alma materPrinceton University
Bocconi University

Annamaria Lusardi is an Italian-born economist and the Denit Trust Distinguished Scholar and Professor of Economics and Accountancy at The George Washington University School of Business,[1] where she also serves as the Academic Director of the Global Financial Literacy Excellence Center.[2] Her interests focus on financial literacy and financial education, and she is considered an authority in those fields.[3][4][5]


Annamaria Lusardi studied at Bocconi University, located in Milan, Italy. In 1986 she graduated with a BA in economics. Lusardi continued her studies in the United States at Princeton University. She earned a PhD in economics in 1992.[6]


After graduating from Princeton, Lusardi taught economics at Princeton University, the University of Chicago Harris School of Public Policy, the University of Chicago Booth School of Business, and Columbia Business School. She also taught at Dartmouth College since 1992 as an Assistant Professor of Economics. In 2006, Lusardi became a Professor Economics at Dartmouth.[7] From 2009 to 2019, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth.[8] In 2010, Lusardi began working at the George Washington University where she is a chair professor. Since 2014, Lusardi has served as the Denit Trust Distinguished Scholar and Professor of Economics and Accountancy at the School of Business. Lusardi is the director of the Financial Literacy Center, a joint initiative between Dartmouth College, the RAND corporation, and the Wharton School.[9] In 2014 she was elected chair of the Research Committee of the Organization for Economic Co-operation and Development/International Network on Financial Education.[10]

Outside Academia, governments have sought Lusardi’s expertise on financial literacy and education. She served as the faculty advisor to the office of Financial Education of the U.S. Treasury from September to December in 2009.[7] Additionally, Lusardi testified to the lack of financial capability and literacy among Americans and the necessity of financial education in high schools before the U.S. Subcommittee on Children and Families of the Senate Committee on Health, Education, Labor, and Pensions. Italy also sought Lusardi’s advice. In 2017, Lusardi was appointed as the director of the Committee for Financial Education and still holds the position.[6][11]


Annamaria Lusardi focused on the field of Economics and Financial Literacy. She is a current professor at The George Washington University School of Business who teaches Financial Decision Making - Implication for the consumer and professional, Macroeconomics for the Global Economy, and Personal Financial Management.


  • Overcoming the Saving Slump: How to Increase the Effectiveness of Financial Education and Saving Programs
  • Implication for Retirement Security and the Financial Marketplace, Jointly with Olivia Mitchell

Awards and honors[edit]

In 2013, Lusardi received the William E. Odom Visionary Leadership Award from the Jump$tart Coalition for Personal Financial Literacy,[12] and the National Numeracy Network’s inaugural 2012 Steen Award.[13] She is the recipient of the Fidelity Pyramid Prize, a $50,000 award to authors of published applied research that best helps address the goal of improving lifelong financial well-being for Americans.[14]

Selected publications[edit]

  • Lusardi, Annamaria; Mitchell, Olivia S. (March 2014). "The Economic Importance of Financial Literacy: Theory and Evidence". Journal of Economic Literature. 52 (1): 5–44. doi:10.1257/jel.52.1.5. PMC 5450829. PMID 28579637.
  • van Rooij, Maarten; Lusardi, Annamaria; Alessie, Rob (May 2012). "Financial Literacy, Retirement Planning and Household Wealth" (PDF). The Economic Journal. 122 (560): 449–478. doi:10.1111/j.1468-0297.2012.02501.x.
  • Lusardi, Annamaria; Mitchell, Olivia S. (October 2011). "Financial Literacy Around the World". Journal of Pension Economics and Finance. 10 (4): 497–508. doi:10.1017/s1474747211000448. PMC 5445931. PMID 28553190.
  • Lusardi, Annamaria; Schneider, Daniel; Tufano, Peter (Spring 2011). "Financially Fragile Households: Evidence and Implications" (PDF). Brookings Papers on Economic Activity: 83–134. Archived from the original (PDF) on 2013-05-31. Cite uses deprecated parameter |deadurl= (help)
  • van Rooij, Maarten; Lusardi, Annamaria; Alessie, Rob (2011). "Financial Literacy and Stock Market Participation". Journal of Financial Economics. 101 (2): 449–472. CiteSeerX doi:10.1016/j.jfineco.2011.03.006.
  • Hurst, Erik; Lusardi, Annamaria; Kennickell, Arthur; Torralba, Francisco (February 2011). "The Importance of Business Owners in Assessing the Size of Precautionary Savings". Review of Economics and Statistics. 92: 61–69. doi:10.1162/rest.2009.11500.
  • Lusardi, Annamaria; Mitchell, Olivia S. (May 2008). "Planning and Financial Literacy: How Do Women Fare?". The American Economic Review. 92 (2): 413–417. doi:10.1257/aer.98.2.413.
  • Lusardi, Annamaria; Mitchell, Olivia S. (January 2007). "Baby Boomer Retirement Security: The Role of Planning, Financial Literacy, and Housing Wealth" (PDF). Journal of Monetary Economics. 54: 205–224. doi:10.1016/j.jmoneco.2006.12.001.(Awarded the Fidelity Pyramid Prize.[14])
  • Hurst, Erik; Lusardi, Annamaria (April 2004). "Liquidity Constraints, Household Wealth, and Entrepreneurship". Journal of Political Economy. 112 (2): 319–347. doi:10.1086/381478.
  • Lusardi, Annamaria (May 1998). "On the Importance of the Precautionary Saving Motive". The American Economic Review. 88 (2): 449–453. JSTOR 116965.
  • Browning, Martin; Lusardi, Annamaria (December 1996). "Household Savings: Micro Theories and Micro Facts" (PDF). Journal of Economic Literature. 34: 1797–1855.
  • Lusardi, Annamaria (January 1996). "Permanent Income, Current Income and Consumption: Evidence from Two Panel Data Sets". Journal of Business and Economic Statistics. 14 (1): 81–90. doi:10.2307/1392101. JSTOR 1392101.


  1. ^ "GW Business - Annamaria Lusardi". George Washington University. May 12, 2017.
  2. ^ "Global Financial Literacy Excellence Center". July 2014. Retrieved 6 August 2014.
  3. ^ Chan, Sewell; Appelbaum, Binyamin (April 2010). "They've Got It: Fixes for the Financial System". The New York Times. Retrieved 6 August 2014.
  4. ^ "CEE Board Member, Annamaria Lusardi, Integral on PISA Results". August 2014. Retrieved 7 August 2014.
  5. ^ "5 Things to Know About Financial Literacy". August 2014. Retrieved 7 August 2014.
  6. ^ a b "Bio: Annamaria Lusardi". Global Financial Literacy Excellence Center (GFLEC). Retrieved 2019-03-02.
  7. ^ a b Lusardi. "Annamaria Lusardi, Curriculum Vitae, February 2018" (PDF).
  8. ^ "Dartmouth webpage for Annamaria Lusardi". April 2010. Retrieved 6 August 2014.
  9. ^ "Financial Literacy Center Webpage". February 2013. Retrieved 12 August 2014.
  10. ^ "OECD/INFE". Retrieved 13 August 2014.
  11. ^ "Bio: Annamaria Lusardi". Global Financial Literacy Excellence Center (GFLEC).
  12. ^ "Annamaria Lusardi Honored with William E. Odom Visionary Leadership Award". March 2013. Retrieved 6 August 2014.
  13. ^ "NNN Announces The Steen Award". February 2013. Retrieved 6 August 2014.
  14. ^ a b "Dartmouth professor wins Fidelity's Pyramid Prize". November 2007. Retrieved 6 August 2014.

External links[edit]