Negative Net Worth and the Life Cycle Hypothesis

Characteristics of families with a negative net worth are explored using data from the 1992 Survey of Consumer Finances. Life cycle theory is applied to predict which households have a negative net worth. Logit analysis showed that well educated young households who might expect increasing incomes are more likely to have a negative net worth

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Year of publication:	2005
Authors:	Chen, Peng ; Finke, Michael S.
Publisher:	[S.l.] : SSRN
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Financial Counseling and Planning, 1996 Volltext nicht verfügbar
Classification:	D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014101522