Perspectives on Household Portfolios, 1977-83
Total debt, total assets, and net worth all declined in real terms for the mean household over the 1977-83 period, according to consumer survey data. A high and rising concentration of household debt was held by the highest debt holders and the highest income households. While the proportion of households with high debt relative to income rose over this period, most of this increase was in relatively wealthy households. Relatively high concentrations of high debt households were found among high income, young, male, West region, and self-employed households.
Year of publication: |
1987
|
---|---|
Authors: | Lerman, Donald L. |
Published in: |
Eastern Economic Journal. - Eastern Economic Association - EEA, ISSN 0094-5056. - Vol. 13.1987, 4, p. 399-410
|
Publisher: |
Eastern Economic Association - EEA |
Saved in:
freely available
Saved in favorites
Similar items by person
-
The affordability of urban and rural rental housing
Lerman, Donald L., (1985)
-
An analysis of the recent surge in consumer debt in rural areas
Lerman, Donald L., (1990)
-
The economics of public school closings
Lerman, Donald L., (1984)
- More ...