This paper presents an overview of consumer financial well-being in transitional China. It provides an up-to-date and overall description of the Chinese urban households’ assets, liabilities, income, and consumption patterns. The data employed were...

Millennials is the largest population in the United States. Compared with their parents and grandparents, they have to shoulder more responsibilities to prepare financially for retirement. It is critical for Millennials ...

The purpose of this study was to examine the trend of Defined Contribution (DC) plan deferral before and after the Great Recession. The investment principle of "buying when prices are low" suggests that DC plan deferral ...