Swarn Chatterjee

Education

Research

My research focuses on three primary areas: Performance evaluation across different stages of the financial planning process; Examination of the association between financial well-being, welfare dependency, and health among underserved populations; and Identification of factors that improve financial decision making among transitioning young adults and the elderly households.

Teaching

Advanced Estate Planning (FHCE 6220)

Wealth Management I (FHCE 4200 & FHCE 6200)

Wealth Management II (FHCE 4205 & FHCE 6205)

Behavioral Economics & Financial Planning for Families (FHCE 4270 & FHCE 6270)

Introduction to Personal Finance (FHCE 3200)

Computer Applications in Financial Planning (FHCE 3260)

Editorial Appointments

Service

Awards

Award Name	Awarded By	Year Awarded
AFS Best Paper Award	Academy of Financial Services	2024
Honorary Faculty Member	Phi Upsilon Omicron National Honor Society (Chi Chapter)	2023
Best Paper Award--Family and Consumer Sciences Research Journal	American Association for Family and Consumer Sciences	2023
APLU BOHS Leadership Fellow	Association of Public and Land-grant Universities-Board of Human Sciences	2022
ACCI Consumer Movement Archives Applied Consumer Economics Award--Best Student Paper (Lead Student Author: Zongze Li; co-author: Diann Moorman)	American Council on Consumer Interests	2022
June and Bill Flatt Outstanding Teacher of the Year	College of Family and Consumer Sciences	2018
NEFE Best Paper Award- ACCI Annual Conference	American Council on Consumer Interests	2017
Highly Commended Article Award- International Journal of Housing Markets and Analysis	Emerald Publications	2017
Early Career Faculty Research Award	College of Family and Consumer Sciences	2016
Mid-Career Fellow	American Council on Consumer Interests	2015
Best Journal Article-Journal of Financial Counseling and Planning	Association for Financial Counseling, Planning, & Education	2013
Best Published Paper-Family and Consumer Sciences Research Journal	American Association for Family and Consumer Sciences	2013
Outstanding AFCPE Conference Paper	Association for Financial Counseling, Planning, & Education	2012
Best Published Paper-Family and Consumer Sciences Research Journal	American Association for Family and Consumer Sciences	2012

Books

Chatterjee, S., & Kim, J. (2023). Health, financial behavior, and financial vulnerability during COVID-19. In J. Xiao and S. Kumar (Ed.) A Research Agenda for Consumer Financial Behavior: 21, 287-298. http://doi.org/10.4337/9781803922652.00030

Lutter, S., Chatterjee, S., & Yeske, D. (eds.). (2022). The Psychology of Financial Planning. CFP Board. Erlanger, KY: National Underwriter.

​​Grable, J. E., & Chatterjee, S. (eds.). (2022). Defining Personal Finance. De Gruyter Handbook of Personal Finance. Berlin: De Gruyter.

​​​Chatterjee, S., Goetz, J. W., Grable, J., & Palmer, L.(2018-2021). Wiley CFP Examination Review, John Wiley Sons, Inc. [authorship alphabetical; 800 pages, original edition].

​​Chatterjee, S., & Goetz, J. (2018). Applications of Behavioral Finance in Understanding and Changing Clients’ Behavior. In Client Psychology (pp. 11-18),John Wiley Sons.

​​Chatterjee, S., & Goetz, J. (2018). Understanding Client Behavior: Rational or Irrational?. In Client Psychology (pp.19-24). John Wiley Sons.

​Chatterjee, S., & Goetz, J. W. (2015). Applications of behavioral finance in financial planning. In C. Chaffin (Ed.), Financial planning competency handbook II (pp. 751-762). Hoboken, NJ: John Wiley & Sons, Inc

​​Chatterjee, S., & Palmer, L. (2013, 2015). Characteristics, uses, and taxation of investment vehicles. In C. R. Chaffin (Ed.), CFP Board Financial Planning Competency Handbook (eds. 1 and 2), (pp. 215-222). Hoboken, NJ: John Wiley Sons, Inc. 

​​Joo, S., & Chatterjee, S. (2012). Financial Education Research Opportunities . In D. B. Durban and S. L. Britt (Ed.), Student Financial Literacy: Campus-based Program Development, (pp. 125-140). New York, NY: SpringerNature, Inc. 

Current Research

My current research in progress includes: Measuring the value of financial advice across the different stages of the financial planning process; examining factors that are associated with greater financial resiliency among households recovering from an adverse financial event; and determining the association between household financial decision making and their food insecurity as well as food purchase behavior.

Publications

Zhang, Y., Chatterjee, S., & Fan, L. (2025). Informed Investment Decisions: The Role of Fundamental and Investment-Specific Financial Knowledge on Investors’ Information Source Choice. Journal of Financial Counseling and Planning, 1-19. http://dx.doi.org/10.1891/JFCP-2023-0139

Ouyang, C., Crandall, T., & Chatterjee, S. (2025). The Impact of the COVID-19 Income Shock on Debt Management: A Mediation Analysis. Financial Services Review, 33(1), 1-27.

Zhang, Y., Chatterjee, S., & Moorman, D. (2024). Desirable Family Financial Behaviors: An Examination of the Role of Family Structure in the United States. Journal of Financial Therapy, 15(2), 4. 44-75.  https://doi.org/ 10.4148/1944-9771.1403

Qi, J., Chatterjee, S., Worthy, S., Herndon, K. and Wojdynski, B. (2024). Using an extended post-acceptance framework to examine consumer adoption of fintech. International Journal of Bank Marketing, 42(3), 642-668. https://doi.org/10.1108/IJBM-10-2022-0448

Li, Z., Chatterjee, S. and Moorman, D. (2024), Exploring the interplay of materialism, financial socialization, financial capability, and credit card debt. International Journal of Bank Marketing, 42(7), 2099-2116. https://doi.org/10.1108/IJBM-02-2024-0106

Zhang, Y., Qi, J., & Chatterjee, S. (2024). Exploring the role of help-seeking behavior, family financial socialization, and capability on financial well-being. Family Relations,  73(5), 3054–3072. https://doi.org/10.1111/fare.13089

Sunder, A., Palmer, L., Chatterjee, S., & Goetz, J. (2024). Benefits of Consistent and Comprehensive Financial Advice during the Great Recession. Journal of Behavioral and Experimental Finance, 41, 100900, 1-16. https://doi.org/10.1016/j.jbef.2024.100900

Pak, T.Y., Fan, L., & Chatterjee, S. (2023). Financial Socialization and Financial Well-being in Early Adulthood: The Mediating Roles of Financial Capability. Family Relations. https://doi.org/10.1111/fare.12959

Choung, Y., Chatterjee, S., & Pak, T.Y. (2023). Digital Financial Literacy and Financial Well-being. Finance Research Letters, 58(B), 1-7. https://doi.org/10.1016/j.frl.2023.104438

Chatterjee, S., & Fan, L. (2023). Surviving in Financial Advice Deserts: Limited Access to Financial Advice and Retirement Planning Behavior. International Journal of Bank Marketing, 41(1), 70-106. http://doi.org/10.1108/IJBM-01-2022-0022

Kim, S. D., & Chatterjee, S. (2023). Valuation Effects of REIT Mergers During the Covid-19 Pandemic. Journal of Finance Issues, 21(1), 1-12. https://doi.org/10.58886/jfi.v21i1.5268

Liu, Y., Zhang, Y.,  & Chatterjee, S. (2023). Financial Hardship and Depression Experienced by Pre-Retirees During the COVID-19 Pandemic: the Mitigating Role of Stimulus Payments. Applied Economics Letters, 30(3), 391-396.  https://doi.org/10.1080/13504851.2021.1989364.

Zhang, Y., & Chatterjee, S. (2023). Financial Well-Being in the United States: The Roles of Financial Literacy and Financial Stress. Sustainability, 15(5), 4505. https://doi.org/10.3390/su15054505

Choung, Y., Chatterjee, S., & Pak, T. Y. (2022). Depression and Financial Planning Horizon. Journal of Behavioral and Experimental Economics, 98, 1-11, 101877. https://doi.org/10.1016/j.socec.2022.101877

Fan, L., Chatterjee, S., & Kim, J. (2022). Young Adults' Personality Traits and Subjective Well-Being: The Role of Perceived Money Management Capability. Journal of Behavioral and Experimental Finance, 35, 100689.   https://doi.org/10.1016/j.jbef.2022.100689

Kim, S. D., Chatterjee, S., & Haley, J. D. (2022). An Examination of Life Insurer Share Price Behavior Surrounding Covid-19 Death Announcements. Journal of Insurance Issues, 45(2), 1–25. https://www.jstor.org/stable/48703225

Chang, Y., & Chatterjee, S. (2022). Housing Instability, Food Insecurity, and Barriers to Healthy Eating. Family and Consumer Sciences Research Journal. http://doi.org/10.1111/fcsr.12454

Qi, J., Chatterjee, S., & Liu, Y. (2022). Retirement Preparedness of Generation X Compared to Other Cohorts in the United States. International Journal of Financial Studies, 10(2), 45, 1-14.  https://doi.org/10.3390/ijfs10020045

Chang, Y., Chatterjee, S., & Kim, J. (2022). Do Households Use Food Budget Stretching to Alleviate Food Insecurity? Family and Consumer Sciences Research Journal, 50(4), 288-300. https://doi.org/10.1111/fcsr.12438

Cotwright, M. & Chatterjee, S. (2022). Equity Return Expectations and Financial Wealth Holdings of U.S. Households. Open Economics, 5(1), 1-10. https://doi.org/10.1515/openec-2022-0118.

Chatterjee, S., & Fan, L. (2021). Older Adults’ Life Satisfaction: The Roles of Seeking Financial Advice and Personality Traits. Journal of Financial Therapy, 12 (1), 51-78. https://doi.org/10.4148/1944-9771.1253

Kim, J. & Chatterjee, S. (2021). Financial Debt and Mental Health of Young Adults. Journal of Financial Counseling and Planning. DOI:10.1891/JFCP-18-00048

Fan, L., Chatterjee, S., & Kim, J. (2021). An Integrated Framework of Young Adults’ Subjective Well-Being: The Roles of Personality Traits, Financial Responsibility and Perceived Capability, and Race. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-021-09764-6

Chatterjee, S., Kim, J., & Chung, S. (2021). Emerging adulthood milestones, perceived capability, and psychological well-being while transitioning to adulthood: Evidence from a national study. Financial Planning Review. https://doi.org/10.1002/cfp2.1132.

Worthy, S., Mountain, T., Chatterjee, S. et al. (2021). Differences in the Determinants of Retirement Preparation between Farm and Non Farm Households. Journal of Applied Farm Economics, 3(2), 42-58. DOI: 10.7771/2331-9151.1048

Sharma, M., & Chatterjee, S. (2021). Cognitive functioning: an underlying mechanism of age and Gender differences in self-assessed risk tolerance among an aging population. Sustainability, 13(4), 2361. https://doi.org/10.3390/su13042361.

Chatterjee, S., Fan, L., Ryu, S. & Kim, J.H (2020). A Decade Review of Asian Studies in the Journal of Family and Economic Issues from 2010 to 2019. Journal of Family and Economic Issues. https://doi.org/10.1007/s10834-020-09735-3.

Choung, Y., Pak, T.‐Y. and Chatterjee, S. (2020). Consumption and Life Satisfaction: The Korean Evidence. International Journal of Consumer Studies, 45(5), 1007-1019. doi:10.1111/ijcs.12620

Cude, B. J., Chatterjee, S., & Tavosi, J. (2020). Financial Knowledge, Personality Traits, and Risky Borrowing Behaviors in Iranian Households. Sustainability 2020, 12(18), 7608. https://doi.org/10.3390/su12187608.

Fan, L., & Chatterjee, S. (2020). The Utilization of Robo-Advisors by Individual Investors: An Analysis Using Diffusion of Innovation and Information Search Frameworks. Journal of Financial Counseling and Planning, 31(1), 130-145. http://dx.doi.org/10.1891/JFCP-18-00078.

Cude, B. J., Chatterjee, S., & Tavosi, J. (2019). Financial knowledge among Iranian investors. International Journal of Consumer Studies, 43(6), 503-513. https://doi.org/10.1111/ijcs.12535

Fan, L., & Chatterjee, S. (2019). Bequest expectations among the US older adults: The roles of generational differences and personality traits. Financial Planning Review, 2(3-4), e1057. https://doi.org/10.1002/cfp2.1057

Fan, L., & Chatterjee, S. (2019). Financial Socialization, Financial Education, and Student Loan Debt. Journal of Family and Economic Issues, 40(1), 74-85. https://doi.org/10.1007/s10834-018-9589-0

Ruf, B., Das, N., Chatterjee, S., & Sunder, A. (2019). Investments in ESG-Rated Mutual Funds: Is good better than great?. Journal of Wealth Management, 22(1), 56-61. 10.3905/jwm.2019.1.070

Robb, C. A., Chatterjee, S., Porto, N., & Cude, B. J. (2019). The Influence of Student Loan Debt on Financial Satisfaction. Journal of Family and Economic Issues, 40(1), 51-73. https://doi.org/10.1007/s10834-018-9599-y

Kim, J., & Chatterjee, S. (2019). Student Loans, Health, and Life Satisfaction of US Households: Evidence from a Panel Study. Journal of Family and Economic Issues, 40(1), 36-40. https://doi.org/10.1007/s10834-018-9594-3

Bhargava, V., Palmer, L., Chatterjee, S., & Stebbins, R. (2018). Supportive and mitigating factors associated with financial resiliency and distress. Financial Planning Review, 1 (3-4), e1023. https://doi.org/10.1002/cfp2.1023

Fan, L. & Chatterjee, S. (2018). Application of situational stimuli for examining the effectiveness of financial education: A behavioral finance perspective. Journal of Behavioral and Experimental Finance, 17, 68-75. https://doi.org/10.1016/j.jbef.2017.12.009

Chatterjee, S., & Fan, L. (2017). Household demand for private long term care insurance: An exploratory note. Economics Bulletin, 37(3), 1975-1981.

Fan, L. & Chatterjee, S. (2017). Borrowing decisions of households: An examination of the information search process. Journal of Financial Counseling and Planning, 28(1), 95-106. DOI: 10.1891/1052-3073.28.1.95

Chatterjee, S., Fan, L., Jacobs, B., & Haas, R. (2017). Risk tolerance and goals-based savings behavior of households: The role of financial literacy. Journal of Personal Finance, 16(1), 66-77.

Chang, Y., Kim, J., & Chatterjee, S. (2017). The association between consumer competency and SNAP participation on food insecurity. Journal of Nutrition Education and Behavior, 49(8), 657-666.

Chang, Y., Chatterjee, S., & Kim, J. (2017). Financial Strain and Participation in the Supplemental Nutrition Assistance Program. Journal of Policy Practice, 16(3), 221-246.

Zahirovic-Herbert, V., Gibler, K. M., & Chatterjee, S. (2016). Financial literacy, risky mortgages, and delinquency in the US during the financial crisis. International Journal of Housing Markets and Analysis, 9(2), 164-189.

Pak, T. -Y., & Chatterjee, S. (2016). Aging, overconfidence, and portfolio choice. Journal of Behavioral and Experimental Finance, 12, 112-122.

Chatterjee, S.., & Hubble, A. (2016). Day-of-the-week effect in Biotechnology Stocks — Do Policy Changes Aand Economic Cycles Matter?. Annals of Financial Economics, 11(2), 1-17.

Pak, T., & Chatterjee, S. (2016). Savings Decisions of American Households: The Roles of Financial Literacy and Financial Practice. Economics Bulletin, 36(3), 1486-1496.

Palmer, L., Bhargava, V., Chatterjee, S., & Stebbins, R. (2015). Net worth parity post-bankruptcy: Policy considerations for investments in human capital. Business and Bankruptcy Law Journal, 3(1).

Chang, Y., Chatterjee, S., & Kim, J. (2014). Household finance and food insecurity. Journal of Family and Economics Issues, 35 (4), 499-515.

Grable, J. E., & Chatterjee, S. (2014). Reducing wealth volatility: The value of financial advice as measured by zeta. Journal of Financial Planning, 27(8), 45-51.

Xiao, J., Chatterjee, S., & Kim, J. (2014). Factors associated with financial independence of young adults. International Journal of Consumer Studies, 38(4), 394-403.

Harness, N., Chatterjee, S., & Salter, J. (2014). Financial planning for the middle market. Journal of Financial Planning, 27(4), 48-54.

Chatterjee, S., & Zahirovic-Herbert, V. (2014). A road to assimilation: Immigrants and financial markets. Journal of Economics and Finance, 38(2), 345-358.

Goetz, J., Chatterjee, S., & Cude, B. (2014). Suitability versus fiduciary standard: The perceived impacts of changing one’s standard of care. Journal of Financial Planning, 27(2), 20-23

Heo, W., Grable, J.E., & Chatterjee, S. (2013). Life insurance consumption as a function of wealth change. Financial Services Review, 22(4), 389-404.

Nicolini, G., Cude, B., & Chatterjee, S. (2013). Financial Literacy: A Comparative Study Across Four Countries. International Journal of Consumer Studies, 37(6), 689-705.

Fang, M.C., Hanna, S., & Chatterjee, S. (2013). The impact of immigrant status and racial-ethnic group on differences in response to a risk aversion measure. Journal of Financial Counseling & Planning, 24(2), 63-76 .

Kim, J. & Chatterjee, S. (2013). Childhood financial socialization and young adults’ financial management. Journal of Financial Counseling and Planning, 24(1), 61-79.

Hanna, S.D., Yuh, Y., & Chatterjee, S. (2012). The increasing financial obligations burden of U.S. households: Who is affected?  International Journal of Consumer Studies, 36 (5), 588–594

Kim, J., Chatterjee, S., & Kim, J.E. (2012). Debt burden of young adults in the United States. Journal of Financial Counseling and Planning, 23(2), 55-67.

Zahirovic-Herbert, V. & Chatterjee, S. (2012). In search of value: How subdivision names influence house prices and marketing duration. Housing and Society, 39(1), 51-76.

Kim, E.J., Hanna, S.D., Chatterjee, S., & Lindamood, S. (2012). Who among the elderly own stocks? The role of cognitive ability and bequest motive. Journal of Family and Economic Issues, 33(3), 338-352.

Kim, J., Chatterjee, S., & Cho, S. (2012). Asset ownership of new Asian immigrants in the United States. Journal of Family and Economic Issues, 33(2), 215-226.

Zahirovic-Herbert, V. & Chatterjee, S. (2012). Historic preservation and residential property values: Evidence from quantile regression. Urban Studies, 49(2), 369-382.

Chatterjee, S. & Nielsen, R.B. (2011). Employer-provided health insurance coverage: A comparison of employed native-born and immigrant Americans. Family and Consumer Sciences Research Journal, 40(1), 15-27.

Chatterjee, S., Finke, M., & Harness, N. (2011) The impact of self-efficacy on wealth accumulation and portfolio choice. Applied Economics Letters, 18(7), 627-631.

Zahirovic-Herbert, V. & Chatterjee, S. (2011) What is the value of a name? Conspicuous consumption and house prices. Journal of Real Estate Research, 33(1), 105-125. 

Gilliam, J., Chatterjee, S., & Grable, J. (2010). Measuring the perception of financial risk tolerance: A tale of two measures. Journal of Financial Counseling and Planning, 21(2), 30-43.

Salter, J., Harness, N., & Chatterjee, S. (2011). How retirees pay for current health care and future long term care expenses. Journal of Financial Service Professionals, 65(1), 88-93.

Chatterjee, S. & Zahirovic-Herbert, V. (2010). Retirement planning of younger baby-boomers: Who wants financial advice? Financial Decisions, 22(2), 1-12.

Nielsen, R., Garasky, S., & Chatterjee, S. (2010). Food insecurity and out-of-pocket medical expenditures: Competing basic needs? Family and Consumer Sciences Research Journal, 39(2), 137-151.

Salter, J., Harness, N., & Chatterjee, S. (2010). Utilization of financial advisors by affluent retirees. Financial Services Review, 19(3), 245-263.

Chatterjee, S. (2009). Health insurance coverage and the role of income uncertainty. Economics Bulletin, 29(2), 1256-1265.

Harness, N., Finke, M., & Chatterjee, S. (2009). The effect of capital accumulation ratio on wealth. Journal of Financial Counseling and Planning, 20(1), 44-57.

Palmer, L., Goetz, G. & Chatterjee, S. (2009). Service-Learning for Financial Planning Students: For now and for years to come. Financial Services Review, 18(3), 157-175.

Finke, M. & Chatterjee, S. (2008). Social Security: who wants private accounts? Financial Services Review, 17(4), 289-307.

Harness, N., Chatterjee, S., & Finke, M. (2008). Personal financial ratio analysis: A review of literature. Journal of Personal Finance, 6(2), 77-97.