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$5,000 prize

Research on financial literacy can win award

Researchers of financial literacy are invited to share their ideas and compete for an award that will be presented at the 4th Cherry Blossom Financial Education Institute in Washington.

The deadline to submit papers is Feb. 1, and the paper selected will be presented in April, dubbed National Financial Literacy Month. The award, including a $5,000 prize, is being presented by the host of the event, the Global Financial Literacy Excellence Center at the George Washington University School of Business.

The two-day program, beginning April 12, includes keynote speaker Olivia S. Mitchell, professor of insurance and risk management at The Wharton School, University of Pennsylvania, and executive director of the Pension Research Council; as well as scholars from the OECD International Network on Financial Education research committee.

Officials at the George Washington financial literacy center said they welcome research into education efforts by schools as well as employers and others, noting that they have a particular interest in how education can influence financial behavior and other outcomes. Academic faculty, researchers in economics and related fields, and advanced Ph.D. students are welcome to submit papers.

More details are available on the center's website.