Exploring the Intersection of ADHD, Gender Roles, and Race-Based Trauma in Financial Decision-Making

Asper associate professor and The Associates Fellow in Finance, Chi Liao, is delving into the intersection of social phenomena and individual financial decision-making. Through her research, she aims to shed light on how factors such as ADHD, gender roles, and race-based trauma impact financial outcomes.

Liao’s work on ADHD and financial outcomes spans from childhood to retirement age, highlighting the long-lasting effects of neurodivergence on financial decision-making. She also explores the relationship between race-based trauma and financial decisions, uncovering disparities in stock market participation, home ownership, and retirement savings among different racial groups.

By analyzing data and identifying gaps in the literature, Liao seeks to challenge traditional finance assumptions and offer a more nuanced understanding of how our personal experiences and societal structures influence our financial behaviors. Her research not only provides valuable insights for academics but also offers practical implications for policymakers and practitioners in the finance industry.

Through her dedication to asking better questions and uncovering hidden patterns in financial data, Chi Liao is paving the way for a more inclusive and equitable financial landscape.