About the Authors in the 1995 FCP Journal



About the Authors in the 1995 FCP Journal




John Burton, The Operations, Appeals, and Costs of the Alternative Financial


Sector: Implications for Financial Counselors,
is an Associate Professor of


Consumer Studies and Family Economics at the University of Utah. He is the


former editor of Advancing the Consumer Interest and former associate editor of


The Journal of Family and Economic Issues. He received his Ph.D. and M.S. in


Business and Consumer Education from the University of Connecticut and has a


B.S. from the University of Rhode Island.












Y. Regina Chang, Patterns of Adequate Household Emergency Fund Holdings:


A Comparison of Households in 1983 and 1986,
and Optimal Life Cycle Savings,


is an assistant professor in the Consumer and Family Economics Department at


the University of Missouri-Columbia. She received a Ph.D. in Family


Resource Management at The Ohio State University
in 1993. She was a


winner of the McGraw-Hill Competitive Paper Award of the Academy of


Financial Services
in 1991 and 1992.


















Sharon M. Danes, Economic Adjustment Strategies of Farm Men and Women


Experiencing Economic Stress,
is an Associate Professor in the Department of


Family Social Science at the University of Minnesota. She received her Ph.D.


and M.S. in Family Economics and Management at Iowa State University and


has a B.S. in Home Economics Education at the University of Wisconsin. She


has done financial management and financial counseling education for 17 years.


From 1993-95, she was a member of the AFCPE Board.












Sharon A. DeVaney, Retirement Preparation of Older and Younger Baby


Boomers
, is an Assistant Professor in the Consumer Sciences and Retailing


Department
at Purdue University, where she teaches courses in Retirement


Planning, Employee Benefits and Case Studies in Individual Financial Planning.


She received a Ph.D. at The Ohio State University in 1993. She became an


Accredited Financial Counselor in 1994. She won the Best Paper Award at the


1994 AFCPE conference; the 1994 International Board of Certified Financial


Planners Best Paper Award
; and at the 1994 AFCPE conference was a winner of


the AFCPE Graduate Student Paper Competition in 1993.












Jessie X. Fan, Optimal Life Cycle Savings, is an assistant professor in Family


and Consumer Studies at the University of Utah. She received a Ph.D. in


Family Resource Management at The Ohio State University in 1993. She was


a winner of the McGraw-Hill Competitive Paper Award of the Academy of


Financial Services
in 1991 and 1992, and won the 1994 Dissertation Award of the


American Council on Consumer Interests
.












Sherman Hanna
, Optimal Life Cycle Savings, and Investment Portfolios and


Human Wealth
, is a professor in the College of Human Ecology at The Ohio


State University. He received a Ph.D. in Consumer Economics from Cornell


University
and a B.S. in Economics from the Massachusetts Institute of


Technology
. He is the editor of Financial Counseling and Planning.












Celia Ray Hayhoe, Discriminating Between Primary Family Financial Managers


and Other Adults in the Family
, is an Assistant Professor of the Department of


Family Studies at the University of Kentucky. She received a Ph.D. in Family


and Consumer Resources from the University of Arizona, with a minor in


Finance. She obtained her Master of Science, also from the University of


Arizona, in Finance with emphasis in personal finance. Hayhoe is a Certified


Financial Planner. Hayhoe was President of Personal Planning Service, Inc., a


fee-only financial planning firm, in Tucson, Arizona from 1985 to 1994. She


was Financial Planner of the Year for Southern Arizona in 1986. Hayhoe


currently does private consulting.












Octavia Hill, First-Time Homebuyers Programs as an Impetus for Change in


Budget Behavior,
is a Dispute Analyst with Wachovia Bank in Atlanta, Georgia.


She received her B.S. degree from the University of Georgia in Consumer


Economics
. She worked with the First-Time Homebuyers Program and as a


part-time housing counselor with the local government while a graduate student at


The University of Georgia.












Gong-Soog Hong
, Comparison of Financial Well-Being of Older Women: 1977


and 1989,
is an Assistant Professor in Consumer Sciences & Retailing at


Purdue University
. She received her Ph.D. in Consumer Economics from


Cornell University
and M.S. in Household Economics from Utah State


University. Previously, she was an Assistant Professor in the Department of


Family Relations and Child Development at Oklahoma State University.












Sandra J. Huston, Patterns of Adequate Household Emergency Fund Holdings:


A Comparison of Households in 1983 and 1986,
is a Ph.D. candidate at the


University of Missouri-Columbia in the Department of Consumer and Family


Economics. She received a Masters of Science degree from the University of


Guelph
, Department of Consumer Studies. She was previously a Financial


Analyst for the Provincial Government of Manitoba, Department of Family


Services, Income Security Division.












Hye Kyung Lee, Investment Portfolios and Human Wealth is a post-doctoral


researcher in the College of Human Ecology at The Ohio State University. She


received Ph.D. and M.S. degrees in Family Resource Management from The


Ohio State University, and a B.S. degree from Seoul National University












Joan Koonce Lewis, The Operations, Appeals and Costs of the Alternative


Financial Sector: Implications for Financial Counselors
, is an Associate


Professor in the Consumer Department of Housing and Economics at The


University of Georgia. She received a Ph.D. from The Ohio State University


in Family Resource Management
with a minor in Business Finance. She


received an M.S. degree at The Ohio State University, and a B.S. degree from


North Carolina Central University in Home Economics Education. She was a


recipient of a Young Science Award from the National Science Foundation.












Y. Lakshmi Malroutu, Perceived Adequacy of Retirement Income, is an


Assistant Professor of Consumer Studies and Graduate Program Coordinator in


the Department of Home Economics, Queens College, CUNY. She received a


Ph.D. in Family Resource Management at Oregon State University in 1992. She


is the Research Section Chair (1995-1997), and was the Awards Committee Chair


(1994-1995) of the American Association of Housing Educators.












James N. Morgan, Justifying the Use of Economic Insights in Ordinary


Decisions,
is an Emeritus Professor of Economics and a Research Scientist


Emeritus, Institute for Social Research at The University of Michigan. He


taught Consumer Economics for many years and is the author of “Consumer


Economics”, Prentice Hall 1954, “The Economics of Personal Choice”


University of Michigan Press, 1980, and “Making Your Choices Count”,


University of Michigan Press, 1982. He served for many years on the Board of


Directors of Consumers Union. He is a Fellow of the American Statistical


Association and an elected member of the National Academy of Sciences. He


received his Ph.D. from Harvard in 1947 and his B.A. from Northwestern in


1939.












Craig Newmark, Should You Retire at Age 62 or 65, is an Associate Professor


of Economics at North Carolina State University. He received his Ph.D. in


Economics at UCLA.












Dong-Hoon Oh, Households With High Rent Burdens: Impact on Other Spending


and Factors Related to the Probability of Having A High Rent Burden
, is an Associate Research Fellow at


the Korea Research Institute for Human Settlements. He is also a


Lecturer of Urban Planning at Kyungwon University, Korea. He received a


Ph.D. from The Ohio State University in City and Regional Planning with a


specialization of Housing and Real Estate. He received an M.S. degree from The


Pennsylvania State University in Real Estate. He previously worked at the Research


Department of The Korea Housing Bank.


















Kathryn D. Rettig
, Economic Adjustment Strategies of Farm Men and Women


Experiencing Economic Stress,
is a Professor in the Department of Family Social


Science at the University of Minnesota. She received a Ph.D. in Family Ecology


at Michigan State University, her M.S. in Family Resource Management at


Iowa State University and her B.S. in Home Economics Education at Iowa State


University. Her longitudinal research project The Economic Consequences of


Divorce in Minnesota
contributed to the receipt of three awards including: The


1990 Applied Consumer Economics Award
from the American Council On


Consumer Interests, The 1993 Outstanding Contributions to the College and


Community Award
, and The 1995 Excellence in Research Award, both from the


College of Human Ecology at the University of Minnesota.












Gladys Shelton, First-Time Homebuyers Programs as an Impetus for Change in


Budget Behavior,
is an Assistant Professor in the Department of Housing and


Consumer Economics
at the University of Georgia. She received her Ph.D.


from Virginia Tech in Family Housing. She received her M.S. degree from


Cornell University in Housing and minor in Rural Sociology, and a B.S. degree


from North Carolina Central University in Home Economics Education.












Michael J. Sullivan, Valuing a Constant-Growth Annuity: An Applied Approach


Using a Financial Calculator,
is an Assistant Professor of the Department of


Finance at the University of Nevada, Las Vegas. He received his Ph.D. in


Finance at Florida State University, his M.B.A. in Finance at University of


Florida, and his B.S. in Accounting at St. John Fisher College. Sullivan


previously worked as an Account Executive at Merrill Lynch and a Controller at


First Realty Group, Inc.












Roger Swagler, The Operations, Appeals and Costs of the Alternative Financial


Sector: Implications for Financial Counselors
, is an Associate Professor in the


Department of Housing and Consumer Economics at The University of


Georgia. He received a Ph.D. and M.S. degrees at the Ohio State University and


his B.A. at the College of William & Mary. He is a reviewer for the Journal of


Consumer Affairs
and former ACCI Program Chair.












Patricia Swanson, Patterns of Adequate Household Emergency Fund Holdings:


A Comparison of Households in 1983 and 1986,
is a Temporary Assistant


Professor of Human Development & Family Studies at Iowa State University.


She is a Certified Financial Planner (CFP) and is also currently working with


Iowa State University Extension in developing a financial management education


program for young families. She received her Ph.D. in Family and Consumer


Sciences Education and Family Economics and Management from Iowa State


University. Past employment includes Purdue University and the University of


Wisconsin-Stevens Point.












Michael Walden, Should You Retire at Age 62 or 65, is a Professor of


Agricultural and Resource Economics at the North Carolina State


University
. He received a Ph.D. in Consumer Economics from Cornell


University
. He is the author of two textbooks and over 100 professional and


popular articles. He won Champion-Tuck Media Awards for Economic


Understanding in 1980 and 1984
, won the Applied Consumer Economics Award


from the American Council on Consumer Interests in 1995 and in 1996, and was named the


“premiere forecaster” for the general economy by the American Agricultural


Economics Association in 1995.












Mari Wilhelm, Discriminating Between Primary Family Financial Managers and


Other Adults in the Family,
is an Associate Professor in the Department of


Family and Consumer Resources at the University of Arizona. She received her


Ph.D. in Family Ecology at Michigan State University and her M.S. degree in


Family Studies also at Michigan State University.












Walt Woerheide, The Impact of Salary Growth, Inflation, Employee Age, and


Career Length on the Relative Desirability of Pension Fund Type,
is a Professor


of Finance at the Rochester Institute of Technology. He previously taught at


the University of Michigan – Flint and the University of Illinois at Chicago. He


is Executive Director of the Midwest Finance Association and President-Elect of


the Academy of Financial Services.












Jing J. Xiao, Perceived Adequacy of Retirement Income, Patterns of Household


Financial Asset Ownership, and Determinants of Family Bond and Stock


Holdings,
is an Assistant Professor at the University of Rhode Island. He


received a Ph.D. in Consumer Economics at Oregon State University in 1992.


He was the winner of the 1992 Dissertation Award of the American Council on


Consumer Interests.












Lucy Zhong, Determinants of Family Bond and Stock Holdings, is employed


with Nations Bank Card Services in Charlotte, NC. She is a Ph.D. candidate in


consumer economics at Purdue University, and received a M.S. in consumer


economics at Purdue University. She was a winner of the 1992 Best Student


Paper Award of AFCPE
.