Economic Inclusion Fireside Chat: Michael Weber and Jeff Fuhrer on an inclusive economy
Michael Weber, an associate professor at the University of Chicago Booth School of Business, and Jeff Fuhrer, a fellow at the Brookings Institution and the Eastern Bank Foundation, provided insight into the importance of thinking about diverse communities in policymaking at the inaugural Economic Inclusion Seminar Series Fireside Chat.
February 12, 2024
Widening gap between rich and poor poses challenge to U.S.
Economist Jeffrey Fuhrer, a nonresident fellow at the Brookings Institution and former Boston Fed director of research, discusses the nation’s income and wealth gaps and offers proposals to close them. Fuhrer’s recently published book, “The Myth that Made Us,” explores inequalities in the nation’s economic system.
December 13, 2023
Fed credibility enhanced when public finds policymakers relatable
University of Chicago Booth School associate professor Michael Weber explains how audiences are especially receptive to monetary policy messaging delivered by Fed officials whose ethnic or gender background is similar to theirs and outlines the broader implications of such enhanced credibility.
December 06, 2023
Turbulent economy tests Texans who lack financial knowledge
Texans continue to trail the nation in financial literacy as measured by the National Financial Capability Study. The Legislature has taken steps to enhance personal finance instruction in a bid to improve performance.
April 01, 2022
Greater Hispanic outreach can improve take-up of earned income tax credit
Despite the Earned Income Tax Credit’s many benefits, a large percentage of qualified workers do not claim it.
March 21, 2022
Savings Account Ownership During the Great Recession
Owning a basic savings account is a fundamental way for families to begin accumulating savings. These accounts can be a pathway to other more sophisticated savings and investment products that contribute to asset accumulation, wealth building and economic mobility. We analyzed how a household’s economic circumstances, demographic characteristics and certain financial behaviors influence basic savings account ownership using the 2007–09 panel of the Survey of Consumer Finances. The poster below summarizes our findings.
November 18, 2016
In-School Savings Accounts Enhance Effective Financial Education: Learnings from OpportunityTexas
OpportunityTexas, a joint initiative of the Center for Public Policy Priorities (CPPP) and RAISE Texas, has played a leading role in developing research and programming around youth and college savings in the state.
November 17, 2016
This guide is a financial education resource that provides an overview of wealth-building strategies for consumers, community leaders, teachers and students.