Professor of EconomicsTodd E. and Elizabeth H. Warnock Chair in EconomicsUniversity of Wisconsin-Madison aseshadr@ssc.wisc.edu Areas of Research Interest: Interaction Between Technological Progress and Technological Change, Human Capital and Cross-Country Income Differences, and The Adequacy of Retirement Savings. More Information Previous Return to Affiliates Next
Ananth Seshadri
Measuring Financial Literacy and Welfare Through the Lens of a LIfecycle Model
In this paper, John Karl Scholz and Ananth Seshadri focus on a behavioral norm that leads to financial security, specifically, saving enough during working years to maintain pre-retirement living standards during retirement. We use an augmented lifecycle model to predict optimal wealth accumulation levels for a variety of populations. Download Brief The authors then use data … Continue reading Measuring Financial Literacy and Welfare Through the Lens of a LIfecycle Model
University of Wisconsin-Madison Center for Financial Security 