Transforming Intentions into Behaviors Nudging Youth to Save Monday, June 27, 2011 - 12:30pm - 2:00pm Co-sponsored by the New America Foundation and Innovations for Poverty Action In their acclaimed new book, More than Good Intentions, Yale economist Dean Karlan and Jacob Appel show how small changes in development initiatives can drastically improve the well-being of the poor. As behavioral economists have shown, people are faced with psychological barriers that can lead to irrational choices and prevent certain positive behaviors from forming. In the literature on financial capability, the behavioral challenges to altering and establishing savings habits are too often understated or at times neglected altogether. Now, a new report by the Global Assets Project, "Accelerating Financial Capability Among Low-income Youth: Nudging New Thinking," explores how encouraging savings habits early in life may improve the chances for future financial stability. Please join the New America Foundation and Innovations for Poverty Action for a discussion of the book, More than Good Intentions, with Dean Karlan, as well as the release of the new report, which explores tools to prompt positive financial behaviors among youth. More than Good Intentions will be available for purchase. Also available, click here to read a paper by Payal Pathak, Jamie Holmes, and Jamie M. Zimmerman on the subject. Agenda 12:30 p.m. to 12:50 p.m. - Keynote Address on More Than Good Intentions Dean Karlan Professor of Economics, Yale University President and Founder, Innovations for Poverty Action 12:50 p.m. to 1:00 p.m. - Presenting "Accelerating Financial Capability Among Youth: Nudging New Thinking" Payal Pathak Program Associate, Global Assets Project New America Foundation 1:00 p.m. to 2:00 p.m. - Perspectives and Reactions Dean Karlan Professor of Economics, Yale University President and Founder, Innovations for Poverty Action Ben Shell Senior Associate, Microfinance Products Women's World Banking Joshua Sledge Analyst, Innovation and Research Center for Financial Services Innovations Guy Stuart Lecturer, Public Policy Harvard University Moderator Jamie Zimmerman Director, Global Assets Project New America Foundation
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