Poverty and Race: The Other St. Louis, with Wes Moore

November 10, 2018: 10:15 AM-11:45 AM McKinley – Mezz Level (Marriott Wardman Park) Panel Chairs:  Nisha Patel, Robin HoodDiscussants:  Jeremie Greer, Prosperity Now and David Newville, Prosperity Now

Financial Well-being: Measuring Financial Perceptions and Experiences in Low- and Moderate- Income Households (Links to an external site)

Abstract As the gig economy plays an increasingly important role in the labor market, there is a need to understand the economic factors that influence participation in this sector. In this paper, we investigate how saving the federal tax refund affects gig economy participation for low-income online tax filers in the six months following tax […]

Research Wire (Links to an external site)

Bufe, S., Roll, S. P., Kondratjeva, O., Hardy, B., & Grinstein-Weiss, M. (2019). Does Savings Affect Participation in the Gig Economy? Evidence from a Tax Refund Field Experiment (SPI Working Paper 19-1). St. Louis, MO: Washington University, Social Policy Institute.

Social Policy Institute Launch Event

Washington University in St. Louis is launching the Social Policy Institute (SPI), a new university-wide initiative dedicated to addressing pressing social issues through empirical research, dissemination of evidence-informed policy, and training in social policy.

Making the Case: What Data Can Do for Your Pilot Program

Job quality intervention pilot programs have the potential to help employers discover effective ways to recruit and retain frontline workers. The Social Policy Institute at Washington University in St. Louis offers insights into realistic ways to obtain data on your pilot program’s effectiveness and ideas about how to convey your results in ways that will garner support for your efforts.

Measuring Impact of Employee Financial Wellness Programs

Employee financial wellness programs have garnered a great deal of attention, but what do we really know about their impact on employees? The Social Policy Institute at Washington University in St. Louis presents hot-off-the-presses research on financial wellness program outcomes and discusses best practices in measurement.

Child Development Accounts in Israel

Child Development Accounts (CDAs) are savings or investment accounts opened for children at birth or at early ages with the goal to promote savings and asset accumulation for long-term development (e.g., education, homeownership, or business development). Beginning in January of 2017, the Israeli government established a universal CDA program called Saving for Every Child Program […]

How Dan Ariely Sees the Future of Financial Advice (Links to an external site)

Centene Center Faculty Director and behavior economics researcher, Dan Ariely, PhD, MA, talks with ThinkAdvisor about the future of financial advice and how he sees the role of financial advisor evolving over time. He discusses why the usual motivator of paying people can backfire, as well as why people make irrational decisions regarding their money. Rusoff, J. W.

Distracted Employees? Financial Wellness Can Help

Low- and moderate-income employees’ financial lives can be complicated and the challenge of making ends meet may distract them at work. Employers can offer evidence-informed workplace financial products and services targeted towards LMI employees to improve stability and increase wealth.

New Directions on Savings Policy (Links to an external site)

The Social Policy Institute welcomes Kathy Kraninger, the director of the Consumer Financial Protection Bureau, who will be giving remarks on the importance of promoting financial security and financial well-being and discussing a new savings initiative from the Consumer Financial Protection Bureau (CFPB). Co-sponsored by the Clark-Fox Policy Institute, the Gephardt Institute for Civic & Community Engagement and the CFPB.

New consumer protection director to speak June 12 (Links to an external site)

Kathy Kraninger, who was named director of the Consumer Financial Protection Bureau (CFPB) six months ago, spoke about the bureau’s new directions and initiatives in savings policy in Hillman Hall’s Clark-Fox Forum. Michal Grinstein-Weiss, professor in Brown School and SPI director, will oversee a panel focused on the importance of savings in economically vulnerable communities.

Where Do You Get Your Health Information? (Links to an external site)

In a recent study conducted by the Centene Center for Health Transformation, Medicaid, and commercially insured individuals shared their top resources for learning about health topics. Not surprising, both groups communicated that their top three sources were the Internet, doctors/healthcare providers, and valued personal supporters such as family members of friends, preferably those with health-related training like nurses.

Tax Time Savings Initiative – Partner Convening

To provide the opportunity for the Consumer Financial Protection Bureau (the Bureau) Tax Time Savings Initiative Cohort partners to meet in person and share ideas on ways that Volunteer Income Tax Assistance (VITA) programs can increase economic stability through the improved use of savings products and services.

The Workplace Financial Wellness Program Blog Series with Prosperity Now (Links to an external site)

Efforts to build financial wellness at work, like offering financial services as workplace benefits, are intended to help employees feel better about their financial lives and may be linked to improved productivity and increased employee engagement. To learn about the benefits of financial wellness programs, what types to offer and how to evaluate them, explore this series prepared by Prosperity Now and the Workforce Financial Stability Initiative (WFSI) at Washington University in St. Louis. WFSI is funded by the W. K. Kellogg Foundation.