We examine the self-control problems of U.S households and their effects on households' retirement preparedness based on the Behavioral Life-Cycle Hypothesis. Using the 2010 Survey of Consumer Finances dataset, the level of retirement adequacy was estimated with income replacement ratio (IRR),...

We examine the self-control problems of U.S households and their effect on households' retirement preparedness based on the Behavioral Life-Cycle Hypothesis. Self-control problems are measured using four variables: health condition, credit attitude, saving decisions, and planning horizon. From...

In many ways, the management of a household's personal finances is a job that can be analyzed and evaluated like other occupations. Household financial management has several criteria of performance (e.g., savings rate, net worth) making it possible to evaluate the relative effectiveness of an...

Financial inclusion plays an important role in giving households greater access to borrowing opportunities, which in turn can be used to improve human capital accumulation, socioeconomic status, and long-run economic development. One way to enhance households' access to and usage of the...

The purpose of this paper is to list and rank household and personal finance journals by utilizing an adapted version of Chen and Huang's (2007) Author Affiliation Index (AAI) methodology. The use of this objective method overcomes many of the objections applied to earlier attempts at ranking...

Financial literacy is a key tool being used to bring economically vulnerable populations into the financial mainstream. Data from the 2013 China Household Finance Survey (CHFS) were used to investigate the impacts of various dimensions of financial literacy on the use of bank and non-bank loans...

Government leaders around the world are designing national strategies to improve financial inclusion for populations traditionally excluded from the financial markets. Financial literacy is a key tool being used to bring economically vulnerable populations into the financial mainstream. We use...