Search
Now showing items 1-20 of 20
Household saving motives : a cross-country comparison
(2011)
counterparts, Chinese households were more likely to report precautionary and education saving motives; and Chinese households with lower incomes were more likely to report a retirement saving motive. Chinese households' stronger motivation to save serves...
Effects of age on saving motives of Chinese urban consumers
(2014)
product. Prior research on the saving behavior of Chinese consumers gives indirect evidence of various saving motives. This study, in contrast, examines factors associated with saving motives that are directly reported by consumers in a national survey...
Do market returns influence risk tolerance? : Evidence from panel data
(2011)
This study used the 1992-2006 waves of the Health and Retirement Study to investigate changes in risk tolerance levels over time in response to stock market returns. Findings indicate that risk tolerance tends to increase ...
Factors related to making investment mistakes in a down market
(2015)
an adequate level of emergency funds. The results show that investors who are male, Asian, wealthier, overconfident, loss-averse, and reported an understanding of financial risks are more likely to make such investment mistakes during a down market...
Correlates of credit card adoption in urban China
(2012)
Analysis of data from the 2008 Survey of Chinese Consumer Finance and Investor Education indicated that 30.0 % of the sample households held at least one credit card. Significant factors associated with the probability ...
Chinese urban households' security market participation : does investment knowledge and having a long-term plan help?
(2015)
Investment in the securities markets is vital to households' wealth accumulation and financial security. Using data from the 2008 Survey of Chinese Consumer Finance and Investor Education, we found that self-assessed ...
Market performance and the timing of retirement
(2012)
This study is the first to utilize nine interview waves of the Health and Retirement Study and multilevel discrete-time survival analysis to investigate the effect of market returns on individual elective retirement ...
Use of advisors and retirement plan performance
(2020)
As DC plans become more popular than DB plans, American workers are increasingly responsible for their retirement savings. Because retirement plan participants' portfolio allocation is constrained by the available funds ...
Gender differences in financial risk tolerance
(2017)
The purpose of this research is to explore gender differences in financial risk tolerance using a large, nationally representative dataset, the Survey of Consumer Finances. The impact of the explanatory variables in the ...
Family finances in urban China : evidence from a national survey
(2010)
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. ...
Credit card usage among college students in China
(2018)
Credit cards have become a common method of payment for college students in China. It is important that they form good credit card usage behaviors and build a good credit history early in their financial life. Using data ...
Millennials' retirement saving behavior : account ownership and balance
(2017)
retirement account ownership and balance. Results show that only 37.2% of Millennials had any kind of account earmarked for retirement; and among those with a retirement account, the average accumulated amount was $21,333. Factors that affected retirement...
An analysis of risk assessment questions based on loss-averse preference
(2015)
A variety of risk assessment questionnaires are used within the financial planning profession to assess client risk preferences. Evidence indicates that the average person overweighs losses relative to an arbitrary reference ...
Decomposing the age effect on risk tolerance
(2011)
The importance of investment portfolio allocation has become more apparent since the onset of the late 2000s Great Recession. Individual willingness to take financial risks affects portfolio decisions and investment returns ...
Consumer debt delinquency by family lifecycle categories
(2014)
Purpose: The purpose of this paper is to document debt delinquency patterns by family lifecycle categories using multiple data sets that are nationally representative of American families. Findings: The results show that ...
An exploratory study of Chinese Americans' debt holding
(2011)
Postprint. Research concerning the financial well-being of Chinese American households is extremely limited. This article examines factors that affect the probability that Chinese American households will hold debt. Analysis ...
A review of Bayesian belief network models as decision-support tools for wetland conservation : are water birds potential umbrella taxa?
(2018)
Creative approaches to identifying umbrella species hold promise for devising effective surrogates of ecological communities or ecosystems. However, mechanistic niche models that predict range or habitat overlap among ...
Determinants of defined contribution plan deferral
(2013)
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 ...
Use of financial planners and portfolio performance
(2016)
Using modern information economics as the conceptual framework and data from the 2013 Survey of Consumer Finances, this study adopts a decomposition technique to explore the relationship between the primary information ...
Source of information and projected household investment portfolio performance
(2016)
Using modern information economics as the conceptual framework and data from the 2013 Survey of Consumer Finances, this study adopts a decomposition technique to explore the relationship between the primary information ...