Tag: women's improved education

elderly man inserting credit card to ATM

The brief’s key findings are: Since the mid-1990s, the poverty rate for widows has dropped sharply. Potential reasons include rising levels of education and work experience for women generally and a higher marriage rate among women with more education. The findings show that, so far, the drop in widows’ poverty has primarily been driven by…

Group of women working in an office

Abstract Retirement-account balances are lower among women than men.  This study assesses the role of financial knowledge and empowerment in contributing to the gender gap in savings.  We evaluate the effects of financial education delivered to women in the workplace, using administrative data on 31,000 public-sector workers in Wisconsin.  All of these workers participated in…