JFCP Research Journal
Sherman D. Hanna
Authors: John Y. Campbell and Luis M. Viceira Publisher: Oxford University Press Read More >
Roger M. Shelor and Ross N. Dickens
Capital Asset Pricing Model beta estimates are one way that an investor can construct a portfolio with a desired systematic risk level. This paper compares the portfolios created using beta values obtained from two sources. While portfolio compositions differ and economic returns differ, the selections do not produce statistically different... Read More >
Karen P. Varcoe, Nancy B. Lees, Joan Wright, and Neal Emper
The United States Marine Corps requested that researchers conduct individual and focus group interviews at ten USMC installations to ascertain the nature of Marinesý monetary difficulties. Sixty-nine interviews were held with 379 individuals. Financial inexperience combines with job related factors such as being stationed away from home, the ýmachoý image,... Read More >
Judy McKenna, Karen Hyllegard, and Ray Linder
Psychological and behavioral differences are important factors in the decision-making process and often explain financial management behavior that deviates from the classical economic model based on rational decision-making. Using psychological type as measured by the Myers-Briggs Type Indicator and the associated Keirseyýs temperament patterns as the differentiating variable, financial management... Read More >
Jeanne M. Hogarth and Chris E. Anguelov
Using the 1998 Survey of Consumer Finances, we explore the asset holdings of poor and low income households, their available resources for meeting short-term emergencies, and the determinants of being a ýsaverý as defined here. We find that socioeconomic and demographic characteristics as well as expectations and motivations, access to... Read More >
William C. Bailey, Benoit Sorhaindo and E. Thomas Garman
This study examined the desires of clients of a large national non-profit credit counseling organization for additional information and education on financial topics. Their desires were similar but quite different in prioritization from those who presumably are adequately managing their financial resources. Credit counseling clients gave priority to budgeting and... Read More >
Jinhee Kim and E. Thomas Garman
This paper examines the relationship between financial stress and absenteeism. A conceptual model was derived from a Health Promotion Model and empirically tested to investigate relationships among determinants (individual characteristics), stress (financial stress), physical and psychological responses (organizational commitment and health), and absenteeism. Using data from white-collar workers at an... Read More >