JFCP Research Journal
Jamie Sung and Sherman Hanna
Effects of financial and demographic variables on risk tolerance were estimated for households with an employed respondent in the 1992 Survey of Consumer Finances. Logistic regression analysis showed that female headed households were less likely to be risk tolerant than otherwise similar households with a male head or a married... Read More >
Vickie L. Bajtelsmit and Alexandra Bernasek
Several recent studies have found that women invest their pensions more conservatively than men (Bajtelsmit and VanDerhei, 1996; Hinz, McCarthy, and Turner, 1996) and that women are more risk averse (Jianakoplos and Bernasek, 1996). Although these findings have serious implications for the well-being of women in retirement, the reasons for... Read More >
Jeffrey P. Lessard
Author: Henri L. Beenhakker Read More >
Barbara O'Neill
Author: Richard N. Germain Read More >
Elizabeth Dolan
Author: John Venture Read More >
M. J. Alhabeeb
Editors: W. M. Hoffman, J. B. Kamm, R. E. Frederick, and E. S. Petry Read More >
Ivan F. Beutler and Floyd W. Yorgason
The home is examined in terms of its value as a wealth preserving and accumulating asset. A systematic balance sheet approach is developed to identify basic factors by which home equity can be preserved, accumulated, or diminished. General discussion of the factors is followed by presentation of a general equation... Read More >
Sandra J. Huston and Y. Regina Chang
This study used the 1992 Survey of Consumer Finances to construct five household types in order to examine the impact of household type on household emergency fund holdings. Households headed by blacks were less likely than otherwise similar households to have adequate emergency fund holdings. Age, risk tolerance and education... Read More >
Seonglim Lee, Sherman Hanna and Mulya Siregar
This study investigates determinants of having saving for childrenýs education as a goal. Based on 1992 Survey of Consumer Finance data, 28% of the households with children under 18 have saving for childrenýs education as a goal. More educated parents are more likely to have college saving as a goalthan... Read More >
Kelly J. Todd and Sharon A. DeVaney
Parents of college students were surveyed about satisfaction with retirement planning and the use of retirement savings for children's college expenses. Those who had consulted a financial adviser for retirement were satisfied with their retirement planning as were those where the husband had a pension plan. Parents with two children... Read More >
Phillip Fuller, Emily Norman Zietz and Roger Calcote
Adequate and affordable long-term health care (LTC) is an important concern today. Results from a survey of Certified Public Accountants(CPAs) with the Personal Financial Specialist (PFS) designation indicate that many believe they, as financial counselors, should assume some of the responsibility of informing clients of the LTC financing problem. Many... Read More >
Sue L.T. McGregor and Ruth E. Berry
A 1994 national study examined the perceived impact of mandatory counseling for bankrupts in Canada, using a sample of 200 bankrupts matched with their trustee or counselor. Most bankrupts felt they received considerable or extensive benefit from counseling while trustees tended to have a more moderate outlook regarding the benefits.... Read More >