Abstract
The Asian American population in the United States has been increasing. Research has been done on the economic well-being of this minority group but is far from being adequate. It was generally found that Asian Americans have higher education and more wealth. This group was even labeled, by some researchers, as the “model minority.” Was it more education that brought wealth to them or was it more hours worked? Some preliminary research has been done to answer this question. This chapter serves the purpose to summarize past research on Asian American consumer finances and point out direction for future research.
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Yao, R. (2008). Financial Behaviors of Asian Americans. In: Xiao, J.J. (eds) Handbook of Consumer Finance Research. Springer, New York, NY. https://doi.org/10.1007/978-0-387-75734-6_18
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DOI: https://doi.org/10.1007/978-0-387-75734-6_18
Publisher Name: Springer, New York, NY
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