Finance

  • Financial system representation

    Report

    The National Security Implications of Virtual Currency

    Could a non-state actor deploy a virtual currency to disrupt sovereignty and increase its political or economic power? How might a government or organization successfully disrupt such a deployment?

    Dec 16, 2015

  • Brochure

    Addressing demand and supply side of the social enterprise finance market

    The document presents 21 projects that aim to develop social finance markets in 15 EU countries. The study developed by RAND Europe and Ecorys for the European Commission supports the exchange of experiences and mutual learning between the projects.

    Dec 3, 2015

  • Piggy bank and school books in a classroom

    Tool

    A Tool for Reviewing K-12 Financial Education Curricula

    A bewildering array of curricula and materials is available to support K–12 financial education. This reviewing tool helps educators assess which to use, and to better understand the strengths and gaps in the curriculum currently in use.

    Nov 5, 2015

  • Report

    Development of a K–12 Financial Education Curriculum Assessment Rubric

    RAND researchers document the current state of the literature and advance a set of criteria for assessing the content, utility, quality, and efficacy of K-12 financial education curricula.

    Nov 5, 2015

  • Traders work on the floor of the New York Stock Exchange after an announcement by the Federal Reserve, October 28, 2015

    Commentary

    Zero Interest, Greater Inequality?

    Low interest rates mandated by the Federal Reserve may have had and possibly continue to have adverse effects on income inequality. Those who argue for continuing near-zero short-term interest rate policy should be cognizant of this.

    Nov 2, 2015

  • Closing numbers are illuminated on a board above the floor of the New York Stock Exchange, September 1, 2015

    Report

    Effective Disclosures in Financial Decisionmaking

    Financial service providers often have better information about their wares than consumers. Disclosure is a policy tool designed to address this by giving consumers valuable information. But it may not provide enough support in helping them make more informed decisions.

    Oct 12, 2015

  • Colleagues discussing ideas

    Commentary

    Do Young 'Elites' Favor Income Redistribution?

    Young “elites” — employed Americans who are 40 or younger, with high household incomes and graduate degrees — and especially Democratic elites have a strong preference for income redistribution.

    Oct 8, 2015

  • Financial Advisor Talking To Senior Couple At Home

    Report

    Do Financial Advisers Influence Savings Behavior?

    This report reviews evidence from the research literature about whether working with a financial adviser improves savings behavior, in general, as well as saving for long-term goals, particularly retirement.

    Oct 8, 2015

  • Couple Meeting With Financial Advisor In Office

    Report

    Financial Advice Markets: A Cross-Country Comparison

    This review compares financial advice markets in a cross-section of countries where regulatory changes aimed at improving the quality of financial advice have recently been made, to determine how such changes have affected them.

    Oct 8, 2015

  • Glasses on newspaper stock market report

    Journal Article

    Measuring How Stock Ownership Affects Which Judges and Justices Hear Cases

    Under the federal judicial recusal rules, judges and justices who directly own stock in companies must recuse themselves in cases involving those companies.

    Sep 14, 2015

  • Los Angeles freeway

    Commentary

    Pay as You Go

    Using vehicle miles traveled as a means of distributing the cost of maintaining America's roads and bridges may not be the only answer. But it represents the kind of innovative thinking that is necessary when this sector of the American transportation infrastructure is desperately in need of a fix.

    Jul 22, 2015

  • Vehicles driving toward Mt. Hood in Oregon

    Commentary

    How to Improve Oregon's Mileage-Fee Experiment

    Oregon is rolling out the nation's first large-scale pilot to examine switching to a mileage fee instead of the gas tax. The trial is a welcome next step toward understanding how mileage fees can be deployed.

    Jul 7, 2015

  • Events @ RAND Audio Podcast

    Multimedia

    Financial Literacy and the Cost of Ignorance

    In this Events @ RAND podcast, Economist Annamaria Lusardi discusses financial literacy, or the ability to use knowledge and skills to manage financial resources effectively. The podcast also explores workplace programs and policy changes that could help individuals learn about managing their personal finances.

    Jun 18, 2015

  • Testimony

    A Survey of Terrorist Financing: Addendum

    Document submitted on June 12, 2015 as an addendum to testimony presented before the House Financial Services Committee, Task Force to Investigate Terrorist Financing on April 22, 2015.

    Jun 15, 2015

  • Research Brief

    Evaluating conditional cash transfer programmes: The case of Bolsa Familia

    Summary of report examining factors affecting quality of implementation of the conditional cash transfer (CCT) programme Bolsa Familia.

    Apr 30, 2015

  • Couple meeting with financial advisor

    Content

    Improving Financial Decisionmaking

    RAND Labor and Population conducts research related to financial decisionmaking, including how individuals and families plan for retirement, choose health insurance, and survive during periods of economic uncertainty.

    Apr 29, 2015

  • Report

    Potential Economic Effects on Individual Retirement Account Markets and Investors of DOL's Proposed Rule Concerning the Definition of a 'Fiduciary'

    This paper examines the potential effects of the U.S. Department of Labor, Employee Benefits Security Administration's proposed rule 29 CFR Part 2510, Definition of the Term "Fiduciary" on people with Individual Retirement Accounts.

    Apr 28, 2015

  • Members of al Qaeda's Nusra Front man a checkpoint in Idlib, Syria, March 30, 2015

    Testimony

    Breaking the Bank: Undermining Terrorist Financing

    Undermining the financing of terrorist groups must be done as part of a broader effort to undermine terrorist ideology. Policies should focus on the most significant threats to the United States and utilize tools that target the ways these groups finance themselves.

    Apr 22, 2015

  • Closeup of hands of two people drinking and smoking

    Commentary

    Paying People to Change Behavior in the UK: Lessons from Latin America

    Policymakers in Western countries seeking new policy levers to tackle costly lifestyle behaviors in the age of austerity may do well to take up programs based on cash incentives. Recent analysis of conditional payment programs in Latin America highlights some useful lessons.

    Mar 30, 2015

  • 135380205

    Project

    Assessing the Effectiveness of Conditional Cash Transfers as a Development Mechanism

    Conditional cash transfer programs (CCTs) are seen as particularly effective in low- and middle-income countries, but relatively little is known about the interface between the supply of services and program administration and specific human development outcomes. RAND Europe assessed the effectiveness of CCTs through a two-year grant from UK Economic Social Research Council and Department for International Development.

    Mar 30, 2015