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Derek T. Tharp

This paper examines potential consumer harm that may arise due to regulating modern financial services communication technology with rules written in the early 20th century. It is argued that disparities in record keeping regulation across communication mediums disincentivizes the use of technology capable of generating records for consumer retention, while... Read More >

Haidong Zhao, Lini Zhang, and Sophia Anong

This study examined a conceptual model on the intention to adopt NFC-based mobile payment that incorporates financial experiences and beliefs. NFC refers to Near Field Communication, a new technology in mobile payments. From an online experimental survey of 463 U.S. young adults, this research found consumers who used cards among their... Read More >

Lu Fan

This study develops a conceptual framework to investigate the relationship between households’ information search behavior and financial management outcomes. Consumers’ information search behavior is examined from both internal and external perspectives. The internal information sources include human capital and psychological and attitudinal factors, whereas the external information sources comprise financial... Read More >

Rui Yao, Weipeng Wu, and Cody Mendenhall

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 in the plan, the construction of a plan’s investment menu has become extremely important. No research has evaluated fund selection... Read More >

Bin Li, Sherman D. Hanna, and Kyoung Tae Kim

This study used data from the 2015 National Financial Capability Study to analyze the adoption of mobile payments by U.S. households.  While 24% of respondents used mobile payments, the mean rate for those under age 25 was 11 times the rate for those 65 and older. State rates ranged from... Read More >

Axton Betz-Hamilton

In 2017, more than one million children became identity theft victims. Many perpetrators of child identity theft are parents, but there are limited data on these perpetrators. The purpose of this study was to understand parental perpetrators of child identity theft through the experiences of victims. Using a phenomenological approach,... Read More >

Derek Potter, David Jayne, and Sonya Britt

Both financial anxiety and first-generation student status have been linked to negative academic outcomes, mental health issues, and poor social adjustment among college students; however, each factor has been studied in isolation. This paper examines the predictors of financial anxiety, including generational status, using the Roy Adaptation Model and OLS... Read More >

Kelly Ann Schmidtke, Antony Elliott, Krishane Patel, Derek King, and Ivo Vlaev

The current paper describes a randomized controlled trial to evaluate the effectiveness of intervention tools designed to help people save more or spend less money by enhancing their capabilities, motivations, and opportunities. The participants included 177 students from an English University who were randomly allocated to either the Control, Savings-Tool,... Read More >

Radha Bhattacharya and Andrew Gill

We surveyed high-school students in Southern California to investigate whether there is an improvement in financial attitudes from eight class periods of financial literacy intervention in a high-school economics course. We examine whether the money management (MM) and financial investing (FI) components of financial instruction influence attitudes differently and whether... Read More >

Lu Fan and Swarn Chatterjee

  This study examines the roles of internal and external search characteristics and attitudinal factors in investors’ decisions to utilize robo-advisor-based platforms. Using the 2015 state-by-state National Financial Capability Study and Investor Survey, this study finds that the need to free up time, higher risk tolerance, higher subjective financial knowledge,... Read More >

Mohamad Fazli Sabri, Clinton G. Gudmunson, Timothy S. Griesdorn, and Lukas R. Dean

  Explicit parent-child financial socialization is one way that parents may help children feel less stress in college and increase their academic performance. To test this assumption, we used family financial socialization theory to inform MANOVA and SEM models. The results largely support the theory. Participants were 752 college students... Read More >

Kristy L. Archuleta, Cherie Stueve, Richard Stebbins, Randy J. Kemnitz, Charles R. Chaffin, Kelley K. Williams, Stephen C. Poplaski, Ronald A. Sages, Racquel Heath Tibbetts, and Emily A. Burr

This study utilized qualitative methods to explore perceptions of graduates from Certified Financial Planning Board of Standards, Inc. Registered Programs regarding experiences that impact Certified Financial Planner (CFP) certification completion. Participants (N = 16) were classified into four different groups: Certified, In Progress, With Intentions, and No Intentions. In general,... Read More >