Welcome to the Academy of Financial Service’s 2019 Annual Meeting being held in Minneapolis, Minnesota in conjunction with FPA’s Annual Conference 2019. This is the full agenda for AFS. For details on FPA items, visit their Full Schedule. Please report any errors to support@academyfinancial.org.
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Tuesday, October 15 • 4:30pm - 6:00pm
P104 Financial Well-Being of Vulnerable Populations

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The objective of this study is examining the financial well-being of the vulnerable population. By using the 2016 Financial Well-Being survey conducted by the Consumer Financial Protection Bureau, we argue that despite higher education and possession of financial knowledge, systemic discrimination against vulnerable populations discourage their financial well-being. Previous studies tried to determine the determinants of financial well-being from various dimensions and used them as an independent variable. Contrary to previous studies, our study uses this variable as a dependent variable and examines the financial well-being of vulnerable population and whether financial literacy or education attainment can help in increasing the financial well-being of under-served populations.

Author(s): Marty Cotwright, Seongsu Kim, Swarn Chatterjee


Marty Cotwright

PhD Student, University of Georgia

Tuesday October 15, 2019 4:30pm - 6:00pm CDT
205 AB

Attendees (2)