James Choi
A Yale Economist Read 50 Personal Finance Books. He’s Got Some Notes.
Personal finance gurus frequently depart from conventional economic wisdom, Yale SOM’s James Choi discovered, but their advice isn’t all bad.
How Nudges Could Boost Vaccination Rates
A study co-authored by Yale SOM’s James Choi tested a variety of text messages to prompt people to get flu vaccines, offering one potential tool to encourage those who aren’t rushing to get a COVID shot.
Can Religious Teachings Help Lift People Out of Poverty?
A study in the Philippines, co-authored by Yale SOM’s James Choi, suggests that learning Protestant Christian values and theology can boost poor families’ income.
Does A Mutual Fund’s Past Performance Predict Its Future?
A classic 1997 paper on mutual fund performance doesn’t describe present-day markets, Yale SOM's James Choi found.
What the Plunge in the Stock Market Means for Individual Investors
We asked Yale SOM’s James Choi, who has examined the implications of academic research for personal finance, what studies say about how to respond to a market crash.
When Prompting People to Make a Choice, the Consequence of Not Choosing Matters
In a new study, Yale SOM’s James Choi and his colleagues found that the implicit default—what happens if people don't make a choice—affects whether they make a choice at all.
Study Explores What Investors Are Really Thinking
Academic theories explaining which factors affect individual investment decisions abound, but few studies have involved asking people about the issue directly.
Does Automatic Enrollment into Retirement Plans Hurt Household Finances?
When companies automatically enroll employees in retirement plans, the employees save more money for their later years. But the extra savings may exact a pre-retirement toll on their finances.
Three Questions: Prof. James Choi on the Future of the 401(k)
We asked Yale SOM’s James Choi how a proposed change to the way 401(k) plans are taxed might alter the way people save for retirement.
Can We Have Economically Secure Retirements?
The end of defined-benefit pensions and a volatile stock market have made many Americans skeptical that they can retire comfortably. Is a new model emerging for how we plan for retirement? A panel of experts and practitioners talks about policies to help us bolster our retirement savings.
