• Financial Literacy Research

    Boot Camp 2025

    Stanford University | California, USA | June 23-27, 2025

The Financial Literacy Research Boot Camp at Stanford University brought together Ph.D. students, postdocs, early-career researchers, and assistant professors to learn, explore, and connect with peers. Throughout the week, participants engaged with leading experts in financial decision-making, financial literacy, personal finance, and applied econometrics. They also explored innovative approaches to teaching personal finance. It was a week filled with learning, collaboration, and a shared commitment to shaping the future of financial decision-making research.

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Program and Presentations

Monday, June 23, 2025

View presentation from Monday’s sessions >

Session 1: Introduction to financial literacy and personal finance
Lecturer: Annamaria Lusardi, Stanford University

Session 2: Measurement of financial literacy – part I
Lecturer: Annamaria Lusardi, Stanford University

Session 3: Measurement of financial literacy – part II
Lecturer: Annamaria Lusardi, Stanford University

Session 4: Surveys and data to study financial literacy: what is missing? Let’s fill the gaps.
Lecturer: Annamaria Lusardi, Stanford University
Instructor: Alessia Sconti, University of Bergamo and Bocconi University

Session 5: Financial literacy and financial behavior
Lecturer: Annamaria Lusardi, Stanford University
Instructor: Alessia Sconti, University of Bergamo and Bocconi University

Fireside Chat: “Teaching Personal Finance at Stanford”
Speakers: Michael Boskin and John Shoven, Stanford University
Moderator: Annamaria Lusardi, Stanford University

Session 6: Teaching Personal Finance
Lecturer: Annamaria Lusardi, Stanford University
Instructor: Hakan Özyilmaz, Stanford University

 

Tuesday, June 24, 2025

Session 1: Explaining gender differences in financial literacy – part I
Lecturers: Tabea Bucher-Koenen, University of Mannheim, and Rob Alessie, University of Groningen
Presentation >

Session 2: Explaining gender differences in financial literacy – part II
Lecturers: Tabea Bucher-Koenen, University of Mannheim, and Rob Alessie, University of Groningen
Presentation >

Session 3: Discussion of research ideas
Moderators: Tabea Bucher-Koenen, University of Mannheim, and Rob Alessie, University of Groningen
Instructor: Alessia Sconti, University of Bergamo and Bocconi University
Presentation >

Fireside Chat: “Research and its impact on policy”
Speaker: Neale Mahoney, Stanford University
Moderator: Annamaria Lusardi, Stanford University

Session 4: Using state-level mandate data to assess the impact of financial education
Lecturer: Carly Urban, Montana State University

Session 5: Using school-level mandate data to assess the impact of financial education
Lecturer: Carly Urban, Montana State University

Session 6: The effect of high-school mandates on financial behavior – A review of econometric approaches and findings
Lecturer: Carly Urban, Montana State University
Instructor: Alessia Sconti, University of Bergamo and Bocconi University

 

Wednesday, June 25, 2025

Session 1: Discussion of research ideas
Lecturers: Carly Urban, Montana State University, and Tim Kaiser, RPTU and Stanford University
Instructor: Alessia Sconti, University of Bergamo and Bocconi University
Presentation | Challenge | Info

Keynote Address: “A new framework for financial education”
Keynote Speaker: B. Douglas Bernheim, Stanford University
Moderator: Annamaria Lusardi, Stanford University
Presentation >

Session 2: Field Experiments in Financial Literacy and Personal Finance – Part I
Lecturer: Tabea Bucher-Koenen, University of Mannheim
Presentation >

Session 3: Field Experiments in Financial Literacy and Personal Finance – Part II: Learning from meta-analyses and open questions on causal mechanisms, scalability and long-term effects
Lecturer: Tim Kaiser, RPTU and Stanford University
Presentation >

Fireside Chat: “Publishing and academic careers”
Speaker: Annamaria Lusardi, Stanford University
Moderator: Carly Urban, Montana State University

 

Thursday, June 26, 2025

Special address: “The rise of alternative investments”
Speaker: Ken Singleton, Stanford University
Moderator: Annamaria Lusardi, Stanford University

Session 1: Theoretical frameworks for financial literacy
Lecturer: Rob Alessie, University of Groningen

Session 2: Theoretical models and empirical evidence for financial literacy
Lecturer: Tabea Bucher-Koenen, University of Mannheim
Presentation >

Session 3: “Behind the curtain” on research practices and success
Lecturer: Carly Urban, Montana State University
Moderator: Annamaria Lusardi, Stanford University
Presentation >

Session 4: Presentation of research from participants
Moderators:
Alessia Sconti, University of Bergamo and Bocconi University
Annamaria Lusardi, Stanford University

Session 5: Bridging the gaps: New research questions in personal finance and financial literacy – And the winner is..?
Instructor: Alessia Sconti, University of Bergamo and Bocconi University
Presentation >

 

Friday, June 27, 2025

Session 1: Shaping the future of the field
Moderator: Tabea Bucher-Koenen, University of Mannheim
Presentation >

Session 2: Presentation of research work by participants
Moderators:
Rob Alessie, University of Groningen
Alessia Sconti, University of Bergamo and Bocconi University