This paper builds on the existing literature about the distribution of financial resources within the household between couple members. Using data from the British Household Panel Study (BHPS) we examine the ownership of, and amounts held in savings, investments and debts by couple members, and...

Little is known about the effect of seeking debt advice on borrowers' well-being. To estimate this effect, we designed a randomised encouragement intervention for a new sample of over-indebted people in Britain who had not sought debt advice in the previous six months. Being encouraged to seek...

This paper addresses a core feature of the debt capital markets in general and securitisation transactions in particular; the creation of debt claims with different ranking and priority (also referred to as “tranching”).The primary purpose of the study is to develop an understanding of the...