Provost, University of Wisconsin-Madison Nellie June Gray Professor, Economic PolicyUniversity of Wisconsin-Madison jkscholz@ls.wisc.edu Areas of Research Interest: Household saving, the earned income tax credit and low-wage labor markets, financial barriers to higher education, and bankruptcy laws. More Information Previous Return to Affiliates Next
John Karl Scholz
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
Webinar: Retirement Rules of Thumb
Date: April 25, 2012 Description: John Karl Scholz hosted a webinar on rules of thumb for retirement, following up on a research brief he prepared with Ananth Seshadri on measuring financial literacy and welfare through the lens of a lifecycle model. Watch Now PowerPoint Presentation Corresponding Brief
University of Wisconsin-Madison Center for Financial Security 