Personal Finance

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  • People wait in line at the St. Clements Food Pantry in New York City, December 11, 2020, poto by Carlo Allegri/Reuters

    Commentary

    Without Unemployment Benefits, How Might Americans Make Ends Meet?

    Dec 30, 2020

    Do unemployment benefits keep people from accepting jobs? What effect do they have on the economy? Researchers and policymakers have been debating these issues since COVID-19 led to widespread job losses last spring.

  • Cars line up during a food drive in East Rutherford, New Jersey, November 24, 2020, photo by Brendan McDermid/Reuters

    Report

    Americans' Financial Difficulties Continue

    Dec 17, 2020

    As the pandemic continues, many U.S. households are struggling to pay their bills. No income group has been spared financial difficulties, but the most-vulnerable households have been hit the hardest. There are severe challenges among lower-income workers and among Black and Hispanic households.

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  • An elderly couple sit at a table reviewing financial documents. Photo by South_agency / Getty Images

    Journal Article

    Financial Literacy and Financial Decision-Making at Older Ages

    This paper examines how financial literacy is associated with three types of financial decisions pertinent to older individuals: adherence to timely credit card repayment, stock market participation, and risk diversification of household assets.

    Feb 9, 2021

  • RAND BeFi Forum 2020 shareable image, graphic by Alyson Youngblood/RAND Corporation

    Report

    RAND Behavioral Finance Forum: Financial Security Over the Lifespan

    Video compilation of the 2020 Behavioral Finance Forum (BeFi). Leaders from academia, government, regulatory agencies, and industry were invited to share the latest research and exchange ideas on the theme of financial security over the lifespan.

    Feb 2, 2021

  • Blog

    Americans' Financial Struggles, COVID-19 Vaccinations, Virtual Schools: RAND Weekly Recap

    This weekly recap focuses on Americans' ongoing financial struggles, how we can learn from the first phase of COVID-19 vaccinations, why virtual schools may be here to stay, and more.

    Dec 18, 2020

  • News Release

    News Release

    Financial Woes Grow Worse Over Course of Coronavirus Pandemic; More Families Report Trouble Paying Bills

    The economic challenges caused by the coronavirus pandemic have grown worse since the spring for many American families, with an increasing number reporting that they have trouble paying bills.

    Dec 17, 2020

  • Lease application form on a tablet with glasses, keyboard, and coffee cup, photo by courtneyk/Getty Images

    Commentary

    Your Personal Information Could End Up in the Hands of Foreign Investors

    If you've ever rented a property, you may have wondered what happens to the sensitive information on your application. Recent concerns over the foreign harvesting of personal information for questionable purposes should worry everyone.

    Dec 16, 2020

  • Street sign with Wall St. and Main St. signs, photo by BobHemphill/Getty Images

    Commentary

    A Tale of Two Americas

    Economic pain in the United States is obvious and palpable everywhere except in the stock market. This spotlights inequality that has been increasing for decades. Undoing disparities will require firm policy commitment over many years.

    Jul 9, 2020

  • Protesters calling for rent payments to be canceled amid the outbreak of COVID-19, in Washington, D.C., April 25, 2020, photo by Erin Scott/Reuters

    Commentary

    Coronavirus and the Looming Crisis in Rental Housing

    Housing security is vital to individual and collective well-being. It's also a key component in the nation's economic performance. The looming coronavirus eviction crisis suggests the need to address the systemic problem of housing affordability and security now.

    Apr 30, 2020

  • Residents carry boxes of free groceries distributed at a pop-up food pantry by the Massachusetts Army National Guard in Chelsea, Massachusetts, April 24, 2020, photo by Brian Snyder/Reuters

    Commentary

    The Second Wave of COVID Consequences

    Economists closely watch measures of consumer confidence because they are highly predictive economic indicators. New consumer data reveals likely long-term and prolonged economic fallout.

    Apr 24, 2020

  • Journal Article

    Journal Article

    Effect of Early-Stage Alzheimer's Disease on Household Financial Outcomes

    Our goal in this study is estimate, on net, the financial effects of early-stage Alzheimer's Disease, from the start of first symptoms to diagnosis, on individuals and their families.

    Mar 10, 2020

  • Journal Article

    The Effect of Housing Wealth Losses on Spending in the Great Recession

    This article represents the first U.S. study employing exclusively household-level longitudinal data spanning the Great Recession to estimate the response of household spending to negative wealth shocks induced by the sharp declines in house prices.

    Sep 20, 2019

  • Journal Article

    Journal Article

    Financial Knowledge and Portfolio Complexity in Singapore

    This paper reports the first analysis of older Singaporeans' financial literacy using a unique new dataset, the Singapore Life Panel (SLP®).

    Sep 20, 2019

  • An adult son watches his mother cook, photo by DGLimages/Getty Images

    News Release

    Parents Who Support Unemployed Adult Children Curb Their Own Behavior

    Parents who financially help their unemployed adult children offset such costs by adjusting their behavior, particularly by spending less money on food, working more, and reducing retirement savings.

    Jul 9, 2019

  • Periodical

    Periodical

    RAND Review: May-June 2019

    This issue describes RAND research efforts to help schoolkids suffering from trauma; to help health care providers get better, more meaningful feedback; and to use technology to improve the lives of displaced people throughout the world.

    Apr 29, 2019

  • Blog

    Shutdown, Hezbollah, Border Wall: RAND Weekly Recap

    This weekly recap focuses on Americans' financial fragility, Hezbollah in Venezuela, assessing the effectiveness of a border wall, and more.

    Feb 15, 2019

  • Woman seated on the floor, surrounded by bills and receipts, photo by David Sacks/Getty Images

    Commentary

    What the Shutdown Revealed About the Fragility of American Life

    The government shutdown highlighted the lack of resilience many suffer from when they encounter unexpected economic events. The median American family has been losing ground for decades. Policy responses to address this situation will be complex and difficult, but are much needed.

    Feb 11, 2019

  • Dissertation

    Dissertation

    Financial Education among Financially Vulnerable Populations in the United States

    Examines if state-mandated financial education improves debt-related and college-going behaviors among economically vulnerable young adults.

    Aug 29, 2018

  • Top view of a young man with a stack of overdue bills

    Commentary

    What Keeps Millennials Awake at Night Could Change Over Time

    Millennials are less worried than baby boomers about national security topics and more worried about kitchen table issues, such as making ends meet each month and paying off debts. But this may have less to do with the fact that they are millennials and more to do with the fact that millennials are young.

    Jul 30, 2018

  • Young woman using a computer

    Multimedia

    Millennials and National Security

    In this Call with the Experts, Marek N. Posard and Kathryn Edwards discuss their new report, which compares attitudes and opinions of millennials with those of previous generations and draws inferences about potential millennial concerns about security. Andrew Parasiliti also joins the conversation to provide an overview of the Security 2040 project.

    Jun 28, 2018

  • Group of millennial business people

    Report

    What Do Millennials Think About Security Issues?

    As millennials become more prominent in the public and private sectors, their views will have greater influence. How do their attitudes toward security differ from those of previous generations? And what do these perceptions imply for U.S. security policy in 2040?

    Jun 14, 2018