A new study co-published by the Asset Funders Network and the Closing the Women’s Wealth Gap Initiative examines the large gap in household wealth between households headed by men and households headed by women. The report, entitled Clipped Wings, identifies steps that nonprofits, philanthropy, and policy can take to close that gap. Co-authors Fenaba Addo, CFS Affiliate and Professor of Consumer Science at UW-Madison, Jhumpa Bhattacharya, and Anne Price, both from the Insight Center for Community Economic Development (ICCED), examine the extent of gendered wealth inequality in the US and how policy and practice can work to counteract those inequalities.
June 17 – 21, 2019 University of Wisconsin-Madison
Application Deadline: April 15, 2019
Workshop Information: Howard University’s Center on Race and Wealth (CRW) and the Center for Financial Security (CFS) at the University of Wisconsin–Madison seek applications for the Junior Scholar Intensive Training (JSIT) Summer Workshop. This week-long workshop, held at the University of Wisconsin-Madison, will bring together PhD students, newly graduated PhD researchers, and junior faculty who are interested in topics related to disability and retirement research in the United States. The goal of JSIT is to provide emerging scholars with training to develop research ideas and with mentoring to write an initial research proposal. The research proposals that scholars develop through JSIT may be eligible for small grants or other support. JSIT is supported by the Social Security Administration Retirement and Disability Research Consortium.
CFS Affiliate and Professor at the WI School of Business, Anita Mukherjee, along with her co-authors, Hessam Bavafa and Junhao Liu, published their article in the Journal of Consumer Affairs, which examines the subject of improving financial and health literacy in reducing economic vulnerability in older age. This paper delves into the question of how and by what means individuals accumulate these types of human capital by looking at the impact of online search activities on the levels of financial and health literacy.
CFS Research Fellow and Professor of Economics at the University of Connecticut, Stephen Ross, along with his co-authors Weiran Huang of the Department of Finance in NYC and Ashlyn Nelson from Indiana University Bloomington, have released a working paper and policy brief that examine the spillover effects of foreclosure within broad neighborhoods.
Jirs Meuris, Assistant Professor in the Management and Human Resources Department at Wisconsin School of Business, provides expertise based on his extensive research on financial stress and worker productivity. Meuris discussed his studies, and as well as the broader organizational effects, showing that the more worried employees were about their personal finances, the more accident- and error-prone they were in their work. Meuris was interviewed on NPR’s Marketplace, The Atlantic, and Wiscosnin Public Radio. Links to media coverage:
- The Atlantic, Yet Another Reason to End the Shutdown
- Marketplace on NPR, When it was supposed to be payday
- Wisconsin Public Radio, Government Shutdown Highlights Organizational Costs Of Financial Insecurity