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dc.contributor.advisorWeagley, Robert Otis, 1952-en_US
dc.contributor.authorWang, Feifei, 1985-en_US
dc.coverage.spatialChina
dc.coverage.spatialUnited States
dc.date.issued2010eng
dc.date.submitted2010 Summeren_US
dc.descriptionTitle from PDF of title page (University of Missouri--Columbia, viewed on Aug. 24, 2010).en_US
dc.descriptionThe entire thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file; a non-technical public abstract appears in the public.pdf file.en_US
dc.descriptionThesis advisor: Dr. Robert O. Weagley.en_US
dc.descriptionIncludes bibliographical references.en_US
dc.descriptionM.S. University of Missouri--Columbia 2010.en_US
dc.descriptionDissertations, Academic -- University of Missouri--Columbia -- Personal financial planning.en_US
dc.description.abstractThe main purpose of this study is to compare the household saving motives between Chinese and Americans. The two datasets used in this study are from the 2008 Survey of Chinese Consumer Finance and Investor Education and the 2007 Survey of Consumer Finances in the United States. The likelihood of reporting precautionary saving motive, education saving motive, and retirement saving motive was tested by logistic regression analysis. This study concluded that Chinese households were more likely to report the precautionary and education saving motives, when compared with American households. In terms of the retirement saving motive, only Chinese households placed in the first and second household income groups were more likely to perceive the retirement saving motive than their counterpart Americans. There was no difference in perceiving the retirement motive between Chinese and Americans for all the other household groups. The stronger motivation to save for Chinese than for Americans serves as a good explanation for the higher saving rates in China than in the United States. Policy makers and financial planners can use the findings to target particular population who are less motivated to save, and to help them realize the importance of saving and conduct necessary saving behaviors.en_US
dc.format.extentvii, 89 pagesen_US
dc.identifier.merlinb8070797x
dc.identifier.oclc689063871en_US
dc.identifier.otherWangF-072110-T514en_US
dc.identifier.urihttp://hdl.handle.net/10355/9293
dc.publisherUniversity of Missouri--Columbiaen_US
dc.relation.ispartof2010 Freely available theses (MU)en_US
dc.relation.ispartofcommunityUniversity of Missouri-Columbia. Graduate School. Theses and Dissertations. Theses. 2010 Theses
dc.subject.lcshSavings accountsen_US
dc.subject.lcshInvestments, Chineseen_US
dc.subject.lcshInvestments, Americanen_US
dc.subject.lcshEducation savings accountsen_US
dc.subject.lcshEducation savings accountsen_US
dc.subject.lcshIndividual retirement accountsen_US
dc.subject.lcshIndividual retirement accountsen_US
dc.titleA comparison of household saving motives between Chinese and Americansen_US
dc.typeThesisen_US
thesis.degree.disciplinePersonal financial planningen_US
thesis.degree.disciplinePersonal financial planningeng
thesis.degree.grantorUniversity of Missouri--Columbiaen_US
thesis.degree.levelMastersen_US
thesis.degree.nameM.S.en_US


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