Abstract As the cost of college continues to rise, it has become increasingly important for students to apply for financial aid. However, many students are unaware of the benefits of the Free Application for Federal Student Aid (FAFSA). We launched a field experiment with a non-profit organization to explore how both informational- and testimonial-type text […]
Like many families across the globe, Israeli families have been facing the challenges of raising children during the COVID-19 pandemic. Not only do Israeli families have to adjust to large changes in their child(ren)’s schooling, but they are also forced to cope with the financial shocks, such as job and/or income loss that come with […]
Many U.S. households have lost a job and/or income due to the COVID-19 pandemic. These types of losses can influence an individual’s level of life satisfaction and thus, their overall health and well-being. One possible strategy to mitigate the impacts of economic volatility for U.S. individuals and households is to build a rainy-day fund. A […]