Conversations in Public Service with US Trust's Linda Franciscovich.
Denison Published in the Municipal Finance Journal
Does Financial Literacy Alone Lead to Good Financial Decisions?
NYU Wagner Professor Jonathan Morduch and Public Service Fellow Barbara Kiviat have written a fascinating paper on financial literacy for the McGraw-Hill Research Foundation, entitled "From Financial Literacy to Financial Action."
The paper examines how financial know-how, seen as a tool important to the success of micro-lending strategies in developing countries, can be utilized to help people "turn financial aspirations into meaningful actions" and "develop and stick to concrete financial plans."
Morduch is a professor of public policy and economics at NYU Wagner and the managing director of the Financial Access Initiative (FAI), where Kiviat offers a blog post about the full white paper. She is a David Bohnett Public Service Fellow at Wagner and a research associate at the Financial Access Initiative.