A Comparison of Saving Motives of Urban Chinese and American Workers
Bibliographic Data
| ID | 6061838 |
|---|---|
| Authors | Jing Jian Xiao (0000-0003-3252-5672, University of Rhode Island, corresponding author), Jessie X Fan (0000-0002-5854-1331, University of Utah) |
| Year | 2002 |
| Volume | 30 |
| Issue | 4 |
| Pages | 463-495 |
| Publication date | 2002-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Family and Consumer Sciences Research Journal (JOURNAL) |
| Journal identifiers | ISSN: 1077-727X • E-ISSN: 1552-3934 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1177/1077727x02030004003 |
| OpenAlex | W2116051854 |
| Language | EN |
| Citations received | 5 |
| References cited | 17 |
This article compares saving motives of urban Chinese and American workers. A framework based on Maslow's human needs theory with the consideration of economic and cultural factors was used to develop hypotheses. The results of logistic regressions and simulations suggest that Chinese are more likely than Americans to report four out of six saving motives: saving for daily expenses, emergencies, children, and investment, whereas Americans are more likely to report saving for major purchases and retirement. Differences in cultures and in economic development stages were investigated as causes for such differences in saving motives. The findings have implications for public policies and cross‐cultural communications
Business · Chinese americans · Cultural environment · Demographic economics · Economics · Ethnic group · Logistic regression · Maslow's hierarchy of needs · Political science · Social environment · Social science · Sociology · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics · Medicine · Psychological Well-being and Life Satisfaction · Psychology · Social Psychology
The general theory of employment, interest, and money
Buffer-Stock Saving and the Life Cycle/Permanent Income Hypothesis
The Behavioral Life‐cycle Hypothesis
Asian and Pacific Islanders in the United States
A New Approach to Consumer Theory
Social Security, Induced Retirement, and Aggregate Capital Accumulation
Capital Accumulation and the Characteristics of Private Inter-generational Transfers
Expenditure Patterns of Asian Americans
Factors Associated with Different Degrees of Health Insurance Coverage
Does Cultural Origin Affect Saving Behavior? Evidence from Immigrants
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,33 |
| Citation span | 2011 - 2025 (15) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |