Financial Behaviors of Asian Americans


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.


Census Bureau American Community Survey Financial Behavior Consumer Affair Asian American Student 


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Copyright information

© Springer Science+Business Media, LLC 2008

Authors and Affiliations

  • Rui Yao
    • 1
  1. 1.Department of Human Development, Consumer and Family SciencesSouth Dakota State University, NFA 311BrookingsUSA

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