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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

Chen says job fit, job happiness can be achieved over time

Highlights

Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

Robert Willis

Willis and Hsu find dementia impacts financial decision making among Americans over 50

a PSC In The News reference

"A Stunning Study On Dementia, Couples and Money" - Forbes. 04/30/2014.

Bob Willis and Joanne Hsu found that household financial decision-makers who experience dementia often turn over financial management to their partners well after problems in handling money have emerged. In fact, they found that 80% of the money-managing spouses who were approaching or experiencing dementia were still in charge of the couples’ money. And not only can dementia lead to poor financial decision-making, it can also make sufferers susceptible to financial fraud.

Related paper

Researcher:

Robert Willis

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