Sherman D. Hanna

Ohio State University (OSU)

1787 Neil Avenue

Campbell 265D

Columbus, OH 43210

United States

SCHOLARLY PAPERS

89

DOWNLOADS
Rank 2,105

SSRN RANKINGS

Top 2,105

in Total Papers Downloads

20,081

SSRN CITATIONS
Rank 3,124

SSRN RANKINGS

Top 3,124

in Total Papers Citations

84

CROSSREF CITATIONS

350

Scholarly Papers (89)

1.

Does Risk Tolerance Decrease with Age?

Financial Counseling and Planning, Vol. 8, Issue 2
Number of pages: 6 Posted: 15 Jun 1998 Last Revised: 19 Jul 2011
Hui Wang and Sherman D. Hanna
Wells Fargo Bank and Ohio State University (OSU)
Downloads 2,661 (6,171)
Citation 21

Abstract:

Loading...

2.

The Concept of Risk Tolerance in Personal Financial Planning

Hanna, S. D., Waller, W., & Finke, M. (2008). The concept of risk tolerance in personal financial planning. Journal of Personal Finance, 7 (1), 96-108.
Number of pages: 19 Posted: 08 Sep 2011 Last Revised: 01 Jul 2021
Sherman D. Hanna, William Waller and Michael S. Finke
Ohio State University (OSU), Tulane University - Finance & Economics and The American College
Downloads 1,635 (13,531)
Citation 13

Abstract:

Loading...

risk tolerance, financial planning, household finance

3.

Financial Literacy and Education Research Priorities

Journal of Financial Counseling and Planning, Vol. 20, No. 1, 2009
Number of pages: 12 Posted: 27 Feb 2013
National Institute of Food and Agriculture, Ohio State University (OSU), Iowa State University - Department of Human Development and Family Studies, University of Illinois at Urbana-Champaign, University of Georgia and University of Rhode Island
Downloads 1,551 (14,699)

Abstract:

Loading...

financial education, financial literacy, financial research priorities

4.

Subjective and Objective Risk Tolerance: Implications for Optimal Portfolios

Number of pages: 10 Posted: 15 Jun 1998
Sherman D. Hanna and Peng Chen
Ohio State University (OSU) and Ibbotson Associates
Downloads 1,311 (19,031)
Citation 16

Abstract:

Loading...

5.

Quantifying the Economic Benefits of Personal Financial Planning

Financial Services Review, Vol. 19, No. 2, 2010
Number of pages: 18 Posted: 18 Jul 2011 Last Revised: 24 Feb 2013
Sherman D. Hanna and Suzanne Lindamood
Ohio State University (OSU) and Independent
Downloads 1,011 (27,941)
Citation 2

Abstract:

Loading...

personal financial planning, household finance, intertemporal choice, portfolio allocation, risk tolerance

6.

Savings Goals and Saving Behavior from a Perspective of Maslow's Hierarchy of Needs

Journal of Financial Counseling and Planning, Vol. 26, No. 2, 2015
Number of pages: 20 Posted: 06 Apr 2015 Last Revised: 01 Jul 2017
Jae Min Lee and Sherman D. Hanna
Minnesota State University, Mankato and Ohio State University (OSU)
Downloads 812 (37,907)

Abstract:

Loading...

Goal setting; Maslow hierarchy; Saving goal; Saving motive; Survey of Consumer Finances

7.

The Financial Risk Tolerance of Blacks, Hispanics and Whites

Financial Counseling and Planning, Vol. 16, No. 1, pp. 51-62, 2005
Number of pages: 12 Posted: 13 May 2005 Last Revised: 09 May 2017
Rui Yao, Michael S. Gutter and Sherman D. Hanna
University of Missouri, University of Wisconsin - Madison - School of Human Ecology and Ohio State University (OSU)
Downloads 809 (38,083)
Citation 1

Abstract:

Loading...

Financial risk tolerance, Investing, Risk aversion, Race, Ethnicity, Hispanics, Blacks, African-Americans, Preferences, Survey of Consumer

8.

The Effect of Self-Control Mechanisms on Household Saving Behavior

Journal of Financial Counseling and Planning, Vol. 17, No. 2, 2006
Number of pages: 14 Posted: 12 Mar 2013
Seoul National University - Department of Consumer Studies, Ohio State University (OSU) - Department of Human Sciences and Ohio State University (OSU)
Downloads 795 (39,118)
Citation 1

Abstract:

Loading...

behavioral life cycle hypothesis, life cycle hypothesis, saving behavior, self-control, Survey of Consumer Finances

9.
Downloads 694 ( 29,332)
Citation 4

Factors Related to Risk Tolerance

Financial Counseling and Planning, Vol. 7, 1996
Number of pages: 9 Posted: 16 Apr 1997 Last Revised: 19 Jan 2019
Jaimie Sung and Sherman D. Hanna
Ewha Womans University and Ohio State University (OSU)
Downloads 694 (46,394)
Citation 4

Abstract:

Loading...

Factors Related to Risk Tolerance

Financial Counseling and Planning, Vol. 7, 1996
Posted: 01 Feb 1997 Last Revised: 19 Jul 2011
Jaimie Sung and Sherman D. Hanna
Korea University of Technology & Education (KUT) and Ohio State University (OSU)

Abstract:

Loading...

10.

Changes in Financial Risk Tolerance, 1983-2001

Number of pages: 20 Posted: 10 May 2005
Rui Yao, Sherman D. Hanna and Suzanne Lindamood
University of Missouri, Ohio State University (OSU) and Independent
Downloads 595 (57,316)
Citation 1

Abstract:

Loading...

Individual investing, economic trends, risk tolerance, stock ownership, Survey of Consumer Finances

11.

Do U.S. Households Perceive Their Retirement Preparedness Realistically?

Financial Services Review, 24, 139-155
Number of pages: 29 Posted: 18 Feb 2015 Last Revised: 26 Jun 2015
Kyoung Tae Kim and Sherman D. Hanna
University of Alabama and Ohio State University (OSU)
Downloads 592 (57,696)

Abstract:

Loading...

Retirement assessment; Retirement adequacy; Cognitive ability; Survey of Consumer Finances (SCF); Financial education

12.

The Demand for Financial Planning Services

Journal of Personal Finance, Vol. 10, No. 1, pp. 36-62, 2011
Number of pages: 27 Posted: 10 Nov 2011
Sherman D. Hanna
Ohio State University (OSU)
Downloads 561 (61,708)
Citation 1

Abstract:

Loading...

financial planning, risk tolerance,racial/ethnic differences

13.

An Improved Measure of Risk Aversion

Journal of Financial Counseling and Planning, Vol. 15, No. 2, pp. 27-45, 2004
Number of pages: 19 Posted: 23 Apr 2013
Sherman D. Hanna and Suzanne Lindamood
Ohio State University (OSU) and Independent
Downloads 489 (73,219)
Citation 3

Abstract:

Loading...

Investments, Risk tolerance, Risk aversion

14.

Behind the Numbers: Understanding the Survey of Consumer Finances

Journal of Financial Counseling and Planning, Forthcoming
Number of pages: 15 Posted: 27 Jun 2018
Sherman D. Hanna, Kyoung Tae Kim and Suzanne Lindamood
Ohio State University (OSU), University of Alabama and Independent
Downloads 459 (79,076)
Citation 3

Abstract:

Loading...

Complex Survey Design, Multiple Imputation, Replicate Weights, Statistical Analysis, Survey of Consumer Finances, Survey Research

The Financial Risk Tolerance of Blacks, Hispanics and Whites

Journal of Financial Counseling and Planning, Vol. 16, No. 1, 2005
Number of pages: 12 Posted: 23 Apr 2013
Rui Yao, Michael S. Gutter and Sherman D. Hanna
University of Missouri at Columbia - Department of Personal Finance Planning, University of Wisconsin - Madison - School of Human Ecology and Ohio State University (OSU)
Downloads 231 (165,812)
Citation 3

Abstract:

Loading...

Financial Risk tolerance, Race, Ethnicity, Preferences, Survey of Consumer Finances

The Financial Risk Tolerance of Blacks, Hispanics and Whites

Yao, R., Gutter, M. S. & Hanna, S. D. (2005). The financial risk tolerance of Blacks, Hispanics and Whites. Journal of Financial Counseling and Planning, 16(1), 51-62.
Number of pages: 12 Posted: 01 Mar 2016
Rui Yao, Michael S. Gutter and Sherman D. Hanna
University of Missouri at Columbia - Department of Personal Finance Planning, University of Wisconsin - Madison - School of Human Ecology and Ohio State University (OSU)
Downloads 179 (210,183)
Citation 2

Abstract:

Loading...

Financial Risk tolerance; Race; Ethnicity; Preferences; Survey of Consumer Finances

16.

The Influence of Saving Objectives on Saving: First Response Versus Any Response for Objectives

Number of pages: 33 Posted: 24 Jul 2012 Last Revised: 15 Jan 2014
Jae Min Lee and Sherman D. Hanna
Minnesota State University, Mankato and Ohio State University (OSU)
Downloads 403 (92,333)

Abstract:

Loading...

saving, saving objective, saving goal, goal setting, Survey of Consumer Finances, Maslow hierarchy, first choice, combined choice

17.

Changes in Financial Risk Tolerance, 1983-2001

Yao, R., Hanna, S. D. & Lindamood, S. (2004). Changes in financial risk tolerance, 1983-2001. Financial Services Review, 13(4), 249-266.
Number of pages: 20 Posted: 03 Mar 2016
Rui Yao, Sherman D. Hanna and Suzanne Lindamood
University of Missouri at Columbia - Department of Personal Finance Planning, Ohio State University (OSU) and Independent
Downloads 359 (105,043)
Citation 4

Abstract:

Loading...

individual investing, economic trends, risk tolerance, stock ownership, Survey of Consumer Finances

18.

Do Self-Control Measures Affect Saving Behavior?

Kim, G. J. & Hanna, S. D. (2017). Do self-control measures affect saving behavior? Journal of Personal Finance, Forthcoming
Number of pages: 20 Posted: 17 Jul 2017
Gui Jeong Kim and Sherman D. Hanna
Ohio State University (OSU) - College of Education and Human Ecology and Ohio State University (OSU)
Downloads 352 (107,373)

Abstract:

Loading...

behavioral life cycle hypothesis, saving behavior, saving goals, saving rules, self-control, Survey of Consumer Finances

Efficient Portfolios for Saving for College

Number of pages: 8 Posted: 01 Feb 1997
Sherman D. Hanna and Peng Chen
Ohio State University (OSU) and Ibbotson Associates
Downloads 335 (112,774)
Citation 3

Abstract:

Loading...

Efficient Portfolios for Saving for College

Posted: 20 Mar 1998
Sherman D. Hanna and Peng Chen
Ohio State University (OSU) and Ibbotson Associates

Abstract:

Loading...

20.

Are Americans Prepared for Retirement?

Financial Counseling and Planning, Vol. 9, No. 1, 1998
Number of pages: 13 Posted: 04 Nov 1998 Last Revised: 19 Jul 2011
Ewha Womans University, Ohio State University (OSU) - Department of Human Sciences and Ohio State University (OSU)
Downloads 312 (122,571)

Abstract:

Loading...

Retirement Adequacy, Survey of Consumer Finances

21.

Individual and Institutional Factors Related to Low-Income Household Saving Behavior

Journal of Financial Counseling and Planning, Vol. 26, No. 2, 2015
Number of pages: 7 Posted: 06 Apr 2015 Last Revised: 01 Jul 2017
Stuart Heckman and Sherman D. Hanna
Kansas State University and Ohio State University (OSU)
Downloads 231 (166,269)

Abstract:

Loading...

consumer policy, institutions, low-income households, poverty, saving behavior, Survey of Consumer Finances

22.

Consideration of Retirement Income Stages in Planning for Retirement

Journal of Personal Finance, 13(1), 52-64, 2014
Number of pages: 13 Posted: 20 Mar 2014
Kyoung Tae Kim, Sherman D. Hanna and Samual Chen
University of Alabama, Ohio State University (OSU) and Sun Trust Banks
Downloads 217 (176,532)

Abstract:

Loading...

retirement adequacy, personal finance, labor force

23.

Does Financial Sophistication Matter in Retirement Preparedness?

Journal of Personal Finance, 14 (2), 9-20, 2015
Number of pages: 12 Posted: 30 Aug 2015 Last Revised: 08 Oct 2015
Kyoung Tae Kim and Sherman D. Hanna
University of Alabama and Ohio State University (OSU)
Downloads 195 (194,746)

Abstract:

Loading...

Financial Sophistication, Retirement Adequacy, 2010 Survey of Consumer Finances (SCF)

24.

Financial Planning Horizon: A Measure of Time Preference or a Situational Factor?

Journal of Financial Counseling and Planning, Vol. 25, No. 2, 2014, 184-196.
Number of pages: 13 Posted: 07 Dec 2014
Eunice Hong, Eunice Hong and Sherman D. Hanna
Ohio State University - Consumer Sciences DepartmentKorean Women’s Development Institute and Ohio State University (OSU)
Downloads 144 (252,119)
Citation 1

Abstract:

Loading...

planning horizon, saving horizon, Survey of Consumer Finances, time preference

25.

Consumer Optimism and Saving Behavior

Lim, H.N., Hanna, S. D., & Montalto, C.M. (2011). Consumer optimism and saving behavior. Proceedings of the Academy of Financial Services.
Number of pages: 22 Posted: 26 Jun 2015
HanNa Lim, Sherman D. Hanna and Catherine Phillips Montalto
Samsung Life Insurance - Retirement Research Center, Ohio State University (OSU) and Ohio State University (OSU)
Downloads 143 (253,511)

Abstract:

Loading...

behavioral life cycle hypothesis, life cycle hypothesis, saving behavior, self-control, Survey of Consumer Finances, optimism

26.

Negative Net Worth and the Life Cycle Hypothesis

Number of pages: 17 Posted: 24 Jul 2012 Last Revised: 18 Nov 2012
Travis Mountain, Travis Mountain and Sherman D. Hanna
Agricultural and Applied EconomicsAgricultural and Applied Economics and Ohio State University (OSU)
Downloads 133 (268,316)
Citation 1

Abstract:

Loading...

Life cycle hypothesis, net worth, Survey of Consumer Finances

The Capital Accumulation Ratio as an Indicator of Retirement Adequacy

Yao, R., Hanna, S. D., & Montalto, C. P. (2003). The capital accumulation ratio as an indicator of retirement adequacy. Journal of Financial Counseling and Planning, 14(2), 1-11.
Number of pages: 11 Posted: 03 Mar 2016
Rui Yao, Sherman D. Hanna and Catherine Phillips Montalto
University of Missouri at Columbia - Department of Personal Finance Planning, Ohio State University (OSU) and Ohio State University (OSU) - Department of Human Sciences
Downloads 69 (414,533)

Abstract:

Loading...

Retirement adequacy, Financial ratios, Capital accumulation ratio, Investments, Survey of Consumer Finances

The Capital Accumulation Ratio as an Indicator of Retirement Adequacy

Journal of Financial Counseling and Planning, Vol. 14, No. 2, 2003
Number of pages: 11 Posted: 04 May 2013
Rui Yao, Sherman D. Hanna and Catherine Phillips Montalto
University of Missouri at Columbia - Department of Personal Finance Planning, Ohio State University (OSU) and Ohio State University (OSU) - Department of Human Sciences
Downloads 58 (453,825)

Abstract:

Loading...

Retirement adequacy, Financial ratios, Capital accumulation ratio, Investments, Survey of Consumer Finances

28.

The Decrease in Life Insurance Ownership: Implications for Financial Planning

Kim, K.T, Mountain, T.P., Hanna, S.D., & Kim, N. (2019). The decrease in life insurance ownership: Implications for financial planning. Financial Services Review, Forthcoming
Number of pages: 32 Posted: 23 Jul 2019 Last Revised: 17 Oct 2019
University of Alabama, Agricultural and Applied EconomicsAgricultural and Applied Economics, Ohio State University (OSU) and Korea Rural Economic Institute
Downloads 126 (279,453)
Citation 1

Abstract:

Loading...

Life insurance, Declining insurance demand, Survey of Consumer Finances

29.

Emergency Fund Levels: Is Household Behavior Rational?

FINANCIAL COUNSELING AND PLANNING, 1997
Number of pages: 10 Posted: 08 Sep 1997 Last Revised: 07 Mar 2019
Y. Regina Chang, Sherman D. Hanna and Jessie X. Fan
University of Missouri at Columbia - College of Human Environmental Sciences - Department of Consumer & Family Economics, Ohio State University (OSU) and University of Utah
Downloads 126 (279,453)

Abstract:

Loading...

Racial/Ethnic Differences in High Return Investment Ownership: A Decomposition Analysis

Journal of Financial Counseling and Planning, Vol. 21, No. 2, pp. 44-59, 2010
Number of pages: 16 Posted: 19 Jul 2011
Sherman D. Hanna, Cong Wang and Yoonkyung Yuh
Ohio State University (OSU), Convergys Corporation and Ewha Womans University
Downloads 103 (324,185)

Abstract:

Loading...

decomposition analysis, individual investing, portfolio allocation, racial/ethnic differences

Racial/Ethnic Differences in High Return Investment Ownership: A Decomposition Analysis

Journal of Financial Counseling and Planning, Vol. 21, No. 2, 2010
Number of pages: 16 Posted: 19 Feb 2013
Sherman D. Hanna, Cong Wang and Yoonkyung Yuh
Ohio State University (OSU), Branch Banking and Trust Corporate (BB&T) and Ewha Womans University
Downloads 17 (685,235)
Citation 1

Abstract:

Loading...

decomposition analysis, individual investing, portfolio allocation, racial/ethnic differences, Survey of Consumer Finances

31.

The Relation between Internet Use and Financial Planner Use for Savings and Investment Decisions

Son, J. & Hanna, S. D. (2011), The relation between internet use and financial planner use for savings and investment decisions, Proceedings of the Academy of Financial Services
Number of pages: 13 Posted: 12 Aug 2012
Jiyeon Son and Sherman D. Hanna
Consumer Sciences Department, Ohio State University and Ohio State University (OSU)
Downloads 106 (315,901)

Abstract:

Loading...

Personal financial planning, Household finance, Internet use

32.

Does Financial Sophistication Matter in Retirement Preparedness of U.S. Households? Evidence from the 2010 Survey of Consumer Finances

Consumer Interests Annual, Volume 59, 2013
Number of pages: 4 Posted: 10 Jul 2013
Kyoung Tae Kim and Sherman D. Hanna
University of Alabama and Ohio State University (OSU)
Downloads 98 (332,629)

Abstract:

Loading...

Financial Sophistication, Retirement Adequacy, 2010 Survey of Consumer Finances (SCF)

33.

Risk Aversion and the Elasticity of Marginal Utility with Respect to Consumption

Consumer Interests Annual, v. 49, 2003
Number of pages: 13 Posted: 24 Jun 2015
Sherman D. Hanna, Michael Gutter and Patti J. Fisher
Ohio State University (OSU), University of Florida - Department of Family, Youth, and Community Sciences and Virginia Polytechnic Institute & State University - Consumer Studies
Downloads 97 (334,862)

Abstract:

Loading...

risk aversion, risk tolerance, intertemporal elasticity, saving, financial planning, life cycle savings, expected utility

34.

The Impact of the Stock Market Crash of 2008-2009 on the Wealth of U.S. Households

Journal of Financial Planning, 29 (2), 52-58
Number of pages: 25 Posted: 12 Jan 2016 Last Revised: 09 Jul 2019
Kyoung Tae Kim and Sherman D. Hanna
University of Alabama and Ohio State University (OSU)
Downloads 94 (341,576)

Abstract:

Loading...

Stock market crash, Total wealth, Wealth shock

35.

The Effect of Investment Literacy on the Likelihood of Retail Investor Margin Trading and Having a Margin Call

Finance Research Letters, Forthcoming
Number of pages: 15 Posted: 18 May 2021
Hohyun Kim, Kyoung Tae Kim and Sherman D. Hanna
Department of Business Administration, University of Alabama and Ohio State University (OSU)
Downloads 90 (351,083)

Abstract:

Loading...

Margin trading, margin call, investment literacy, overconfidence, risk tolerance

36.

Factors Related to the Financial Vulnerability of Small Business Owner-Manager Households

Journal of Personal Finance, 11(1), 49-77, 2012
Number of pages: 29 Posted: 02 Sep 2012
HoJun Ji and Sherman D. Hanna
Consumer Sciences Department, Ohio State University and Ohio State University (OSU)
Downloads 85 (363,665)

Abstract:

Loading...

Financial vulnerability, Small business households, Survey of consumer finances, Risk tolerance,Diversification, Household Portfolios

37.

Treatment of Inflation in Retirement Planning Calculations: An Improved Method

Hanna, S. D., & Kim, K. T. (2017). Treatment of inflation in retirement planning calculations: An improved method. Journal of Financial Planning, 30 (1), 44-53..
Number of pages: 32 Posted: 26 Sep 2016 Last Revised: 03 Jan 2017
Sherman D. Hanna and Kyoung Tae Kim
Ohio State University (OSU) and University of Alabama
Downloads 80 (377,075)

Abstract:

Loading...

retirement planning, inflation, investment returns

38.

Factors Related to Household Risk Tolerance: An Ordered Probit Analysis

Sung, J. & Hanna, S. (1996). Factors related to household risk tolerance: An ordered probit analysis. Consumer Interests Annual, 42, 227-228.
Number of pages: 10 Posted: 18 Nov 2018 Last Revised: 19 Nov 2018
Jamie Sung and Sherman D. Hanna
Independent and Ohio State University (OSU)
Downloads 77 (385,437)

Abstract:

Loading...

risk tolerance, risk aversion, Survey of Consumer Finances

39.

Household Ratio Guidelines for the Amount of Investments

Hanna, S. D., & Kim, K. T. (2016). Household ratio guidelines for the amount of investments. Financial Services Review, 25 (3), 263-277.
Number of pages: 25 Posted: 20 Aug 2016 Last Revised: 02 Dec 2016
Sherman D. Hanna and Kyoung Tae Kim
Ohio State University (OSU) and University of Alabama
Downloads 71 (403,320)

Abstract:

Loading...

Capital Accumulation Ratio, financial ratios, investing, lifecycle theory of savings, Survey of Consumer Finances, retirement

40.

Decomposition Analyses of Racial/Ethnic Differences in High Return Investment Ownership after the Great Recession

Journal of Financial Counseling and Planning, Vol. 26, No. 1, 2015, 43-62.
Number of pages: 20 Posted: 06 Apr 2015 Last Revised: 29 Jun 2015
Su Shin and Sherman D. Hanna
Ohio State University - Human Sciences Department and Ohio State University (OSU)
Downloads 71 (403,320)
Citation 1

Abstract:

Loading...

Decomposition analysis, investment choices, portfolio allocation, racial/ethnic differences, Survey of Consumer Finances

41.

Who Uses Mobile Payments: Fintech Potential in Users and Non-Users

Li, B., Hanna, S. D., & Kim, K.T. (2019). Who uses mobile payments: Fintech potential in users and non-users. Journal of Financial Counseling and Planning, Forthcoming
Number of pages: 36 Posted: 05 Dec 2019
Bin Li, Sherman D. Hanna and Kyoung Tae Kim
Miami University, Ohio State University (OSU) and University of Alabama
Downloads 67 (416,000)

Abstract:

Loading...

elderly, fintech, financial literacy, mobile payments, mobile technology, National Financial Capability Study

42.

Do Worker Expectations of Never Retiring Indicate a Preference or an Inability to Plan?

Hanna, S. D., Zhang, L., & Kim, K.T. (2017). Do worker expectations of never retiring indicate a preference or an inability to plan? Journal of Financial Counseling and Planning, 28 (2), 268-284.
Number of pages: 42 Posted: 12 Oct 2016 Last Revised: 18 Feb 2018
Sherman D. Hanna, Lishu Zhang and Kyoung Tae Kim
Ohio State University (OSU), Shenzhen University and University of Alabama
Downloads 65 (422,666)

Abstract:

Loading...

retirement planning, expected retirement age, retirement adequacy, financial sophistication

43.

Factors Related to Saving Behavior among Low-Income Households in the 1995-2007 Survey of Consumer Finances

Heckman, S., & Hanna, S.D. (2012). Factors Related to Saving Behavior among Low-Income Households in the 1992-2007 Survey of Consumer Finances. Proceedings of the Academy of Financial Services
Number of pages: 37 Posted: 20 Nov 2012
Stuart Heckman and Sherman D. Hanna
Ohio State University and Ohio State University (OSU)
Downloads 65 (422,666)

Abstract:

Loading...

Savings, Life Cycle Theory, Institutional Theory

44.

Factors Related to the Risk Tolerance of Households in China and the United States: Implications for the Future of Financial Markets in China

Hanna, S.D., Kim, K.T., & Zhang, L. (2019). Factors related to the risk tolerance of households in China and the United States: Implications for the future of financial markets in China. Financial Services Review, Vol. 27 Issue 3, p279-302.
Number of pages: 41 Posted: 05 Feb 2019 Last Revised: 24 May 2021
Sherman D. Hanna, Kyoung Tae Kim and Lishu Zhang
Ohio State University (OSU), University of Alabama and Shenzhen University
Downloads 63 (429,409)
Citation 1

Abstract:

Loading...

Risk Tolerance, Individual Investing, China Household Finance Survey, Survey of Consumer Finances

45.

Racial/Ethnic Disparities in High Return Investment Ownership: A Heckman Selection Model

Applied Economics Letters, Forthcoming
Number of pages: 7 Posted: 17 Feb 2018
Guangyi N. Wang and Sherman D. Hanna
Ohio State University and Ohio State University (OSU)
Downloads 57 (450,870)

Abstract:

Loading...

Heckman selection model, investment choices, portfolio allocation, racial/ethnic differences, Survey of Consumer Finances

46.

The Risk Tolerance Measure in the 2016 Survey of Consumer Finances: New, but is it Improved?

1.Kim, K.T., Hanna, S. D., & Ying, D. (2020). The Risk Tolerance Measure in the 2016 Survey of Consumer Finances: New, but is it Improved? Journal of Financial Counseling and Planning, accepted for publication.
Number of pages: 28 Posted: 21 May 2020 Last Revised: 07 Aug 2020
Kyoung Tae Kim, Sherman D. Hanna and Dongyue Ying
University of Alabama, Ohio State University (OSU) and Ohio State University (OSU) - Consumer Sciences Department
Downloads 56 (454,520)
Citation 1

Abstract:

Loading...

Equity ownership; Measure evaluation; Risk tolerance; Survey of Consumer Finances

Financial Knowledge Overconfidence and Early Withdrawals from Retirement Accounts

Number of pages: 41 Posted: 16 Aug 2020
Sunwoo T. Lee, Sunwoo T. Lee and Sherman D. Hanna
York UniversityOhio State University (OSU) and Ohio State University (OSU)
Downloads 55 (465,530)

Abstract:

Loading...

early withdrawals, financial knowledge, hardship withdrawals, overconfidence, retirement plan loans

Financial Knowledge Overconfidence and Early Withdrawals From Retirement Accounts

Financial Planning Review, Vol. 3, Issue 2, June 2020
Posted: 28 Dec 2020
Sunwoo T. Lee, Sunwoo T. Lee and Sherman D. Hanna
York UniversityOhio State University (OSU) and Ohio State University (OSU)

Abstract:

Loading...

48.

The Effects of Risk Aversion on Life Insurance Ownership of Single-Parent Households

Applied Economics Letters, Forthcoming
Number of pages: 10 Posted: 17 Jul 2018
Youngwon Nam and Sherman D. Hanna
Ohio State University (OSU) - Department of Human Sciences and Ohio State University (OSU)
Downloads 55 (458,250)
Citation 2

Abstract:

Loading...

Life Insurance, Risk Aversion, Investments, Single-Parent Household

49.

The Decrease in Stock Ownership by Minority Households

Journal of Financial Counseling and Planning, Vol. 19, No. 2, 2008
Number of pages: 13 Posted: 01 Mar 2013
Sherman D. Hanna and Suzanne Lindamood
Ohio State University (OSU) and Independent
Downloads 55 (458,250)
Citation 3

Abstract:

Loading...

racial/ethnic groups, risk tolerance, stock ownership, Survey of Consumer Finances

50.

Does Greater Complexity Reduce Retirement Adequacy? Evidence from the Survey of Consumer Finances, 1995-2007

Consumer Interests Annual, 2012 Forthcoming
Number of pages: 14 Posted: 12 Aug 2012
Kyoung Tae Kim, Samual Chen and Sherman D. Hanna
University of Alabama, Sun Trust Banks and Ohio State University (OSU)
Downloads 55 (458,250)

Abstract:

Loading...

Bounded rationality, Survey of Consumer Finances, income stage, retirement adequacy

51.

Parameter Assumptions in Normative Analyses of Household Financial Decisions

Proceedings of the Academy of Financial Services, October 1 and 2, 2012, San Antonio, TX
Number of pages: 20 Posted: 18 Nov 2012 Last Revised: 25 Dec 2012
Sherman D. Hanna, Kyoung Tae Kim and Fen Liu
Ohio State University (OSU), University of Alabama and J.P. Morgan Chase & Co.
Downloads 52 (469,801)

Abstract:

Loading...

normative household finance, utility functions, risk aversion, time preference, personal discount rate, intertemporal elasticity

52.

Risk Aversion and Optimal Insurance Deductibles

Hanna, S. (1989). Risk aversion and optimal insurance deductibles. American Council on Consumer Interests Proceedings, 141-147.
Number of pages: 12 Posted: 27 Jun 2015
Sherman D. Hanna
Ohio State University (OSU)
Downloads 50 (477,953)

Abstract:

Loading...

insurance, expected utility, personal finance

53.

Financial Behavior and Attitudes of Asians Compared to Other Racial/Ethnic Groups in the United States

Journal of Family and Economic Issues, 36, 2015, Forthcoming
Number of pages: 26 Posted: 11 Apr 2015 Last Revised: 23 Apr 2015
Sherman D. Hanna, Jonghee Lee and Suzanne Lindamood
Ohio State University (OSU), Ohio State University (OSU) and Independent
Downloads 49 (482,056)

Abstract:

Loading...

Racial/ethnic differences, Asian Americans, Financial behaviors, Credit, Saving, Investments, Financial education

54.

Did Households’ Time Preference Change Due to the Great Recession?

Applied Economics Letters, Forthcoming
Number of pages: 7 Posted: 16 Dec 2015
Eunice Hong, Eunice Hong and Sherman D. Hanna
Ohio State University - Consumer Sciences DepartmentKorean Women’s Development Institute and Ohio State University (OSU)
Downloads 48 (486,133)

Abstract:

Loading...

planning horizon, time preference, Great Recession, Survey of Consumer Finances

55.

Household Ownership of Stocks, Business Assets, and Investment Real Estate: An Endogenous Probit Model

Proceedings of the Academy of Financial Services, 2008
Number of pages: 17 Posted: 10 Dec 2016
Sherman D. Hanna, Cong Wang and Suzanne Lindamood
Ohio State University (OSU), Convergys Corporation and Independent
Downloads 46 (494,830)

Abstract:

Loading...

Investment Choices, Portfolio Allocation, Racial/Ethnic Differences, Investment Real Estate, Business Ownership, Survey of Consumer Finances

The Relationship Between Financial Planner Use and Holding a Retirement Saving Goal: A Propensity Score Matching Analysis

Financial Planning Review, Forthcoming
Number of pages: 20 Posted: 13 Aug 2018
Kyoung Tae Kim, Tae-Young Pak, Su Shin and Sherman D. Hanna
University of Alabama, University of Alabama, University of Utah and Ohio State University (OSU)
Downloads 45 (508,888)
Citation 2

Abstract:

Loading...

Saving Goal, Retirement Savings, Financial Planner, Survey of Consumer Finances

The Relationship between Financial Planner Use and Holding a Retirement Saving Goal: A Propensity Score Matching Analysis

Financial Planning Review, Vol. 1, Issue 1-2, March-June 2018
Posted: 12 Nov 2019
Kyoung Tae Kim, Tae-Young Pak, Su Shin and Sherman D. Hanna
University of Alabama, University of Alabama, University of Utah and Ohio State University (OSU)

Abstract:

Loading...

57.

Two Decades of the Journal of Financial Counseling and Planning

Journal of Financial Counseling and Planning, Vol. 21, No. 1, 2010
Number of pages: 11 Posted: 22 Feb 2013
Consumer Sciences Department, Ohio State University, Ohio State University (OSU), Department of Personal Financial Planning and University Libraries
Downloads 43 (508,225)
Citation 1

Abstract:

Loading...

content analysis, financial counseling, financial planning, journal review

58.

Which Households Think They Save?

The Journal of Consumer Affairs, Vol. 44, No. 1, pp. 70-97, 2010
Number of pages: 37 Posted: 19 Mar 2009 Last Revised: 26 Jun 2017
Yoonkyung Yuh and Sherman D. Hanna
Ewha Womans University and Ohio State University (OSU)
Downloads 42 (512,793)
Citation 2

Abstract:

Loading...

Savings, Life Cycle Theory, Prescriptive Model

59.

Are the Consumption Patterns of Elderly Households Consistent with a Life-Cycle Model?

Chiu Fui Joyce Mok, Hui Wang, and Sherman D. Hanna (1994) ,"Are Consumption Patterns of Elderly Households Consistent With a Life-Cycle Model?", Asia Pacific Advances in Consumer Research Volume 1, 1994, Pages 237-245
Number of pages: 18 Posted: 28 Jul 2016 Last Revised: 26 Sep 2016
Chiu-Fui Mok, Hui Wang and Sherman D. Hanna
Independent, Independent and Ohio State University (OSU)
Downloads 40 (522,291)

Abstract:

Loading...

life cycle model, intertemporal consumption smoothing, elderly

60.

Do Males Still Specialize in Higher Household Finances?

Consumer Interests Annual, Volume 59, 2013
Number of pages: 8 Posted: 10 Jul 2013
Suzanne Lindamood and Sherman D. Hanna
Independent and Ohio State University (OSU)
Downloads 40 (522,291)

Abstract:

Loading...

Gender, Survey of Consumer Finances, Financial knowledge, Household production model, Family decision-making, Gender roles

61.

Pure Time Preference or Situational? What Does the Survey of Consumer Finances Planning Horizon Variable Measure?

Proceedings of the Academy of Financial Services, 2012
Number of pages: 15 Posted: 25 Sep 2012 Last Revised: 18 Nov 2012
Eunice Hong, Eunice Hong and Sherman D. Hanna
Ohio State University - Consumer Sciences DepartmentKorean Women’s Development Institute and Ohio State University (OSU)
Downloads 40 (522,291)

Abstract:

Loading...

time preference, Survey of Consumer Finances, intertemporal preferences, saving, credit

62.

How Did the Great Recession Affect U.S. Household Financial Burdens?

Consumer Interests Annual, Volume 59, 2013
Number of pages: 10 Posted: 10 Jul 2013
Sherman D. Hanna and Yoonkyung Yuh
Ohio State University (OSU) and Ewha Womans University
Downloads 38 (531,912)

Abstract:

Loading...

Borrowing Decisions, Household Debt, Financial Obligations, Education, Expectations, Homeownership

63.

The Impact of Stock and Real Estate Returns on the Propensity of Households to Meet the Capital Accumulation Ratio Guideline

Journal of Financial Counseling and Planning, Vol. 24, No. 1, 2013
Number of pages: 11 Posted: 21 Jan 2014
Jodi Letkiewicz and Sherman D. Hanna
York University and Ohio State University (OSU)
Downloads 36 (542,056)

Abstract:

Loading...

capital accumulation ratio, financial ratios, investing, lifecycle theory of savings, Survey of Consumer Finances

64.

Husbands, Wives, and Perception of Relative Knowledge About Household Finances

Financial Planning Review, Forthcoming
Number of pages: 27 Posted: 19 Mar 2021
Ohio State University (OSU), University of Alabama, Independent and York UniversityOhio State University (OSU)
Downloads 32 (563,484)

Abstract:

Loading...

Gender, Financial knowledge, Household production model, Family decision-making, Survey of Consumer Finances

65.

What, Me Worry? Financial Knowledge Overconfidence and the Perception of Emergency Fund Needs

Lee, S.T., & Hanna, S.D. (2021). What, Me Worry? Financial Knowledge Overconfidence and the Perception of Emergency Fund Needs. Accepted for publication in the Journal of Financial Counseling and Planning.
Number of pages: 42 Posted: 24 Sep 2021
Sunwoo T. Lee, Sunwoo T. Lee and Sherman D. Hanna
York UniversityOhio State University (OSU) and Ohio State University (OSU)
Downloads 31 (569,028)

Abstract:

Loading...

Emergency Fund, Financial Knowledge, Overconfidence, Subjective Emergency Fund, Survey of Consumer Finances

66.

Changes in the Risk Tolerance of US Households During 1992-2013

Paper presented at the Academy of Financial Services conference, Las Vegas, Nevada, October 2015
Number of pages: 13 Posted: 15 Nov 2016
Sherman D. Hanna and Kyoung Tae Kim
Ohio State University (OSU) and University of Alabama
Downloads 31 (569,028)
Citation 1

Abstract:

Loading...

Risk tolerance, Stock market, Survey of Consumer Finances

67.

The Effects of Financial Literacy Overconfidence on the Mortgage Delinquency of US Households

Kim, Kyoung Tae, Lee, Jonghee, and Hanna, Sherman D. (2019). The Effects of Financial Literacy Overconfidence on the Mortgage Delinquency of US Households. Journal of Consumer Affairs
Number of pages: 36 Posted: 01 Oct 2018 Last Revised: 07 Oct 2019
Kyoung Tae Kim, Jonghee Lee and Sherman D. Hanna
University of Alabama, Inha University and Ohio State University (OSU)
Downloads 30 (574,799)
Citation 2

Abstract:

Loading...

Financial Knowledge; Financial Literacy; Mortgage Delinquency; National Financial Capability Study; Overconfidence

68.

Positive Versus Normative Approaches to Life Cycle Saving and Spending

Proceedings of the IFID Conference on Models for Lifecycle Finance, Insurance, and Economics. Fields Institute, Toronto, Canada.
Number of pages: 26 Posted: 15 Jul 2016 Last Revised: 22 Jul 2016
Sherman D. Hanna
Ohio State University (OSU)
Downloads 28 (586,848)

Abstract:

Loading...

normative household finance; optimal saving

69.

The Investment Risk Tolerance of Same-Sex Couples

Hanna, S. D., & Lindamood, S. (2004). The investment risk tolerance of same-sex couples. Proceedings of the Academy of Financial Services.
Number of pages: 18 Posted: 21 Jun 2015
Sherman D. Hanna and Suzanne Lindamood
Ohio State University (OSU) and Independent
Downloads 28 (586,848)

Abstract:

Loading...

risk tolerance, portfolio choices, gender, marriage

70.

The Spouse Effect on Participation and Investment Decisions for Retirement Funds

Journal of Financial Counseling and Planning, Vol. 9, No. 2, 1998
Number of pages: 13 Posted: 07 Nov 2019
Jamie Sung and Sherman D. Hanna
Independent and Ohio State University (OSU)
Downloads 27 (592,988)
Citation 3

Abstract:

Loading...

Stock Investments, Retirement Planning, Risk Tolerance, Survey of Consumer Finances, Gender Differences

71.

The Great Expansion of 2019 and the Delinquency Rates of Blacks and Hispanics

Kim, K.T., Hanna, S. D., & Lee, J. (2021). The Great Expansion of 2019 and the delinquency rates of Blacks and Hispanics. Applied Economics Letters, accepted for publication.
Number of pages: 15 Posted: 06 May 2021
Kyoung Tae Kim, Sherman D. Hanna and Jonghee Lee
University of Alabama, Ohio State University (OSU) and Inha University
Downloads 21 (633,567)

Abstract:

Loading...

Delinquency, Economic Expansion, Race/ethnicity, Survey of Consumer Finances

72.

Are Asian American Households More Likely than Other Households to Expect to Help Children with College Costs?

Journal of Family and Economic Issues, Forthcoming.
Number of pages: 30 Posted: 07 Nov 2019
CoCo Ouyang, Sherman D. Hanna and Kyoung Tae Kim
Ohio State University, Ohio State University (OSU) and University of Alabama
Downloads 18 (654,925)
Citation 1

Abstract:

Loading...

College saving, Financial planning, Asian American households, social norms, Survey of Consumer Finances

73.

Factors Related to the Risk of a Substantial Income Decrease between 2006 and 2008 in South Korea

Hong, E.J. & Hanna, S.D. (2017). Factors related to the risk of a substantial income decrease between 2006 and 2008 in South Korea. The Singapore Economic Review, Forthcoming
Number of pages: 28 Posted: 21 Aug 2017
Eunice Hong, Eunice Hong and Sherman D. Hanna
Ohio State University - Consumer Sciences DepartmentKorean Women’s Development Institute and Ohio State University (OSU)
Downloads 18 (654,925)

Abstract:

Loading...

household income, global economic crisis, Korean households, Korean Labor and Income Panel Study

74.

Were Consumer Mistakes Related to Changes in Financial Obligations Burdens?

Consumer Interests Annual, Vol. 58, 2012
Number of pages: 7 Posted: 20 Nov 2012
Sherman D. Hanna, Yoonkyung Yuh and Swarn Chatterjee
Ohio State University (OSU), Ewha Womans University and University of Georgia
Downloads 17 (662,068)

Abstract:

Loading...

borrowing decisions, household debt, financial obligations, education, expectations

75.

Racial/Ethnic Discrepancies in Household Overspending

Proceedings of the Academy of Financial Services, 2008
Number of pages: 15 Posted: 10 Dec 2016
Hua Zan and Sherman D. Hanna
University of Hawaii at Manoa and Ohio State University (OSU)
Downloads 14 (684,429)

Abstract:

Loading...

Saving, Consumption, Overspending, Consumer Expenditure Survey, Racial/Ethnic Differences

76.

Using the Survey of Consumer Finances: Methodological Considerations and Issues

Journal of Consumer Affairs, 2007
Number of pages: 24 Posted: 25 Oct 2006 Last Revised: 19 Nov 2018
Suzanne Lindamood, Sherman D. Hanna and Lan Bi
Independent, Ohio State University (OSU) and Wells Fargo Financial
Downloads 14 (684,429)
Citation 5

Abstract:

Loading...

Survey Research, Race, Black, Hispanic, Statistical Analysis, Multiple Imputation, Survey of Consumer Finances

77.

A Computer Program for Decision Rules

Proceedings of the Association for Financial Counseling and Planning Education, 1999
Number of pages: 7 Posted: 24 Jan 2018
Sherman D. Hanna
Ohio State University (OSU)
Downloads 10 (715,691)
Citation 1

Abstract:

Loading...

expected utility, decision rules

78.

The Increasing Problem of Household Debt Payment Delinquency of Hispanic Households

Lee, J., Hanna, S.D., & Lindamood, S. (2013). The Increasing Problem of Household Debt Payment Delinquency of Hispanic Households. Paper presented at the Academy of Financial Services conference.
Number of pages: 29 Posted: 11 Dec 2017
Jonghee Lee, Sherman D. Hanna and Suzanne Lindamood
Independent, Ohio State University (OSU) and Independent
Downloads 10 (715,691)

Abstract:

Loading...

credit delinquency, debt payments, racial/ethnic differences, Survey of Consumer Finances

79.

Credit Constraints: The Effect of Race/Ethnic Group

Paper Presented at the 2007 Meeting of the American Council on Consumer Interests
Number of pages: 32 Posted: 30 Sep 2017
Sherman D. Hanna and Suzanne Lindamood
Ohio State University (OSU) and Independent
Downloads 9 (723,707)
Citation 1

Abstract:

Loading...

Debt, Debt Delinquency, Racial/Ethnic Disparity, Survey of Consumer Finances, Racial Discrimination, Lending

80.

Who Among the Elderly Owns Stocks? The Role of Cognitive Ability and Bequest Motive

Journal of Family and Economic Issues, SpringerLink, 2012
Number of pages: 27 Posted: 20 Feb 2012 Last Revised: 08 Aug 2019
CNK Consulting Inc, Ohio State University (OSU), University of Georgia and Independent
Downloads 4 (762,917)
Citation 2

Abstract:

Loading...

Elderly, Stock ownership, Cognitive ability, Bequest motive

81.

Husbands, Wives, and Financial Knowledge in Wealthy Households

Financial Planning Review, Vol. 4, No. 1, March 2021
Posted: 08 Apr 2021
Ohio State University (OSU), University of Alabama, Independent and York UniversityOhio State University (OSU)

Abstract:

Loading...

82.

Three Decades of the Journal of Financial Counseling and Planning

Xiao, J. J., Lavigueur, B., Izenstark, A., Hanna, S., & Lawrence, F. C., Three Decades of the Journal of Financial Counseling and Planning. Journal of Financial Counseling and Planning, 2020
Posted: 07 May 2020
University of Rhode Island, University of Rhode Island - College of Human Science & Services, Ohio State University (OSU), Department of Personal Financial Planning and University Libraries, University of Rhode Island

Abstract:

Loading...

Content Analysis, Financial Counseling, Financial Education, Financial Planning, Financial Wellbeing, Journal Review

83.

Time Preference Assumptions in Normative Analyses of Household Financial Decisions

Applied Economics Letters, Vol. 21, No. 9, 2014
Posted: 20 Mar 2014
Sherman D. Hanna and Kyoung Tae Kim
Ohio State University (OSU) and University of Alabama

Abstract:

Loading...

normative household finance, optimal saving, retirement adequacy

84.

Which Workers Plan to Retire Late or Never?

Consumer Interests Annual, Volume 59, 2013
Posted: 11 Jul 2013
Lishu Zhang and Sherman D. Hanna
Ohio State University (OSU) - Department of Human Sciences and Ohio State University (OSU)

Abstract:

Loading...

Planned retirement age, retirement adequacy

85.

The Risk Tolerance and Stock Ownership of Business Owning Households

Journal of Financial Counseling and Planning, Vol. 18, No. 2, 2007
Posted: 04 Mar 2013 Last Revised: 28 Dec 2020
Cong Wang and Sherman D. Hanna
Convergys Corporation and Ohio State University (OSU)
Downloads 0 (808,641)
Citation 1

Abstract:

Loading...

business management, business ownership, risk tolerance, stock ownership, Survey of Consumer Finances

86.

Limitations of Combining Hispanics and African-Americans for Analysis of Credit Problems

Lee, J. & Hanna, S.D. (2012). Limitations of combining Hispanics and African-Americans for analysis of credit problems. Journal of Consumer Affairs, 46 (3), 506-536.
Posted: 05 Jul 2012 Last Revised: 06 Apr 2015
Jonghee Lee and Sherman D. Hanna
Independent and Ohio State University (OSU)

Abstract:

Loading...

Debt delinquency, Racial/Ethnic Disparity, Survey of Consumer Finances

87.

The Increasing Financial Obligations Burden of U.S. Households: Who is Affected?

International Journal of Consumer Studies, 2012, 36, 588–594
Posted: 20 May 2012 Last Revised: 25 Aug 2012
Sherman D. Hanna, Yoonkyung Yuh and Swarn Chatterjee
Ohio State University (OSU), Ewha Womans University and University of Georgia

Abstract:

Loading...

Borrowing Decisions, Household Debt, Financial obligations, Education, Expectations

88.

Optimal Life Cycle Savings

FINANCIAL COUNSELING AND PLANNING, Vol. 6, 1995
Posted: 14 Jul 1998
Sherman D. Hanna, Jessie X. Fan and Y. Regina Chang
Ohio State University (OSU), University of Utah and University of Missouri at Columbia - College of Human Environmental Sciences - Department of Consumer & Family Economics

Abstract:

Loading...

89.

Investment Portfolios and Human Wealth

Financial Counseling and Planning, Vol. 6, 1995
Posted: 21 Feb 1996
Hye-Kyung Lee and Sherman D. Hanna
affiliation not provided to SSRN and Ohio State University (OSU)
Downloads 0 (808,641)

Abstract:

Loading...