From left to right: Nathanael Vellekoop, Professor at the University of Toronto; Glenn Harrison, CEAR Director; Philippe d’Astous, Director of the Financial Education Lab; Annamaria Lusardi, keynote speaker; and Pierre-Carl Michaud, Scientific Director of the RSI.

About the event

 This workshop, held at the Le Saint-Sulpice Hotel Montréal, brought together researchers interested in household financial decision-making. This workshop was held jointly by the Retirement and Savings Institute (RSI) at HEC Montréal and the Center for the Economic Analysis of Risk (CEAR) at Georgia State University. This was the 3rd workshop in this series. Subjects of particular interest included: 

  • Financial literacy
  • Financial education
  • Pensions and retirement
  • Consumption-saving decisions
  • Financial planning and advice
  • Financial delinquency and bankruptcy
  • Household insurance and risk management

Keynote speaker

The keynote address was given by Professor Annamaria Lusardi from George Washington University, where she is University Professor of Economics and Accountancy. Professor Lusardi is the founder and academic director of the Global Financial Literacy Excellence Center (GFLEC), and the co-chair of the G53 Financial Literacy and Personal Finance Research Network (G53 Network). Previously, she was the Joel Z. and Susan Hyatt Professor of Economics at Dartmouth College, where she taught for twenty years. She holds a Ph.D. in Economics from Princeton University and an honorary degree of Doctor of Science (Economics and Business Administration) from the University of Vaasa in Finland. Professor Lusardi received numerous research awards. In both 2017 and 2021, she was included in the Clarivate list, which recognizes exceptional research influence demonstrated by the production of multiple highly-cited papers that rank in the top 1% by citations for field and year in the Web of Science™. In August 2017, she was appointed Director of the Financial Education Committee in charge of designing the national strategy for financial literacy in Italy. In 2019, she was included in the Forbes list of the 100 successful women in Italy. She was recently listed in the top 100 leaders in wealth management in We Wealth.


Professor Philippe d’Astous (HEC Montréal) was the primary local organizer of this workshop. Should you have questions, please contact him at