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Housing cost burden (the ratio of housing cost to household income) is examined using data from the 2001 Survey of Consumer Finance. Results of ordered logistic regression show that singles and single parent families were less likely to have an affordable housing cost burden than couples with no...
Persistent link: https://www.econbiz.de/10013082445
The likelihood of owning homes, investment accounts, and retirement accounts by Black and White families was analyzed using data from the 2004 Survey of Consumer Finances. Education, income, and contact with more financial institutions were almost always influential in the likelihood of owning...
Persistent link: https://www.econbiz.de/10013085717
Utilizing data from an Internet survey among low-to-moderate-income households in several states, this study examined the link between behavioral life-cycle (BLC) constructs and financial risk tolerance. The results of ordinary least squares regression indicated a positive association between...
Persistent link: https://www.econbiz.de/10013050856