Type: Public event

Financial Risk, Assets, and Poverty

Date & Time

Apr 3, 2009, 9:00 am-3:15 pm EDT

Location

Please RSVP to attend this workshop by emailing npcinfo@umich.edu, indicating whether you will attend breakfast and/or lunch.

Download the Agenda

April 3, 2009
Gerald R. Ford School of Public Policy
Joan and Sanford Weill Hall
Fisher Classroom, Room 1220
 

9 AM - 9:45 AM
 		 Continental Breakfast


 
9:45 AM - 10 AM
 		 Opening Remarks, Introductions
Michael Barr, University of Michigan


 
10 AM - 11 AM
 		 Testing Long-term Impacts of Individual Development Accounts and Asset Building on Social and Economic Well-being
Michal Grinstein‐Weiss, University of North Carolina at Chapel Hill; William Gale, The Brookings Institution; William Rohe, Center for Urban and Regional Studies; and Michael Sherraden, Washington University, Center for Social Development

Discussant: Jeffrey Smith, University of Michigan


 
11 AM - 12 PM
 		 Financial Literacy, Cognitive Biases and Payday Lending
Adair Morse, University of Chicago and Marianne Bertrand, University of Chicago

Discussant: John P. Caskey, Swarthmore College


 
12 PM - 1 PM
 		 Lunch


 
1 PM - 2 PM
 		 Testing Strategies to Increase Saving and Retention in Individual Development Account Programs
Cäzilia Loibl, The Ohio State University; and Emily Haisley, and George Loewenstein, Carnegie Mellon University

Discussant: Jane Dokko, Federal Reserve Board


 
2 PM - 3 PM
 		 A Proposal to Examine the Effect of Relaxed Welfare Asset Rules on Auto Ownership, Employment and Welfare Rolls: A Longitudinal Analysis
Lorien Rice, Mills College and Cynthia Bansak, St. Lawrence University

Discussant: Jim Sullivan, Notre Dame University


 
3 PM - 3:15 PM
 		 Concluding Remarks
Rebecca Blank, The Brookings Institution


 

 

 

Description of Funded Research
 

Michael S. Barr portrait

Faculty Expert

Michael S. Barr

Frank Murphy Collegiate Professor of Public Policy; Roy F. and Jean Humphrey Proffitt Professor of Law
Barr is a governor and vice chair for supervision of the Federal Reserve Board, currently on leave from the University of Michigan. At U-M, Barr conducted research and wrote about a wide range of issues in domestic and international financial regulation, with a particular emphasis on financial services for low-income communities. He served in President Barack H. Obama's Administration as the U.S. Department of the Treasury's assistant secretary for financial institutions, and was a key architect of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.