Personal Finance

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  • 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

    Apr 24, 2020

    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.

  • 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

    Apr 30, 2020

    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.

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  • 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

  • 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

    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

    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

    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

  • Journal Article

    Subjective Mortality Risk and Bequests

    The results of this paper show a strong empirical relevance of subjective survival curves, indicating the importance to take into consideration of this dimension of individual heterogeneity in life cycle models.

    Oct 6, 2017

  • Graduates tossing their mortarboards in the air

    Commentary

    Is College Worth the Expense? Yes, It Is

    Many American students struggle with the soaring cost of higher education. And for many college students, debt can have severe negative implications. But on balance, the benefits of a college degree appear to outweigh the costs.

    May 22, 2017

  • A woman worrying at her desk

    Commentary

    We Still Know Little About Financial Well-Being

    There is a clear link between UK employees being concerned about their finances and negative health and well-being. The challenge for researchers is that financial well-being is hard to measure.

    Feb 20, 2017

  • New shoe and old shoe side by side.

    Commentary

    Trends in Inequality and the World's Eight Richest Men

    While Oxfam reports have done a good job of bringing attention to the problem of inequality, they may give the false impression that global inequality has been rising instead of falling. Global inequality has actually been on the decline while inequality within the developed world is increasing.

    Feb 10, 2017

  • Report

    Managing the Principal Agent Problem in Bolsa Familia: A look at contextual factors that affect the quality of implementation

    Bolsa Familia (BF) is a conditional cash transfer programme introduced in 2003 in Brazil. This report aims to understand the principal agent problem in BF.

    Nov 2, 2016

  • Illustration of people thinking and organizing their thoughts

    Commentary

    Book Review: 'Bourgeois Equality'

    In Bourgeois Equality, economist and historian Deirdre McCloskey advances the theory that ideas — not capital, institutions, innovation, R&D, tax policy, monetary policy, or regulatory policy — are the propelling force behind economic and societal growth.

    Sep 30, 2016