Narrow search
Showing 1 - 10 of 7,950
Cover Image
Self-control, financial literacy and the co-holding puzzle
Gathergood, John; Weber, Joerg - 2012
We use UK household survey data incorporating measures of financial literacy and behavioural characteristics to analyse … the puzzling co-existence of high cost revolving consumer credit alongside low yield liquid savings in household balance … the household. Our results lend empirical support to theoretical models in which sophisticated households co-hold as a …
Persistent link: https://www.econbiz.de/10010392421
Cover Image
Credit card debt and payment use
Sprenger, Charles; Stavins, Joanna - 2008
Approximately half of credit card holders in the United States regularly carry unpaid credit card debt. These so-called revolvers exhibit payment behavior that differs from that of those who repay their entire credit card balance every month. Previous literature has focused on the adoption of...
Persistent link: https://www.econbiz.de/10010280914
Cover Image
Are Japanese households financially healthy, and if so, why? A Group of Seven (G7) comparison
Horioka, Charles Yuji - 2012
In this paper, I conduct an international comparison of the financial health of households using data on household … wealth and indebtedness for the Group of Seven (G7) countries and show that, even though household borrowings in Japan were … the highest among the G7 countries, at least until 2000, household assets were also high in Japan, as a result of which …
Persistent link: https://www.econbiz.de/10010332271
Cover Image
Generalized hyperbolic discounting, borrowing aversion, and debt holding
Ikeda, Shinsuke; Kang, Myong-Il - 2011
Analysis of an original, broad, internet-based survey reveals that debt holding is related to three aspects of time discounting: (i) present bias, measured by the degree of declining impatience in the generalized hyperbolic discount function; (ii) borrowing aversion, captured by a sign effect -...
Persistent link: https://www.econbiz.de/10010332462
Cover Image
The determinants of household saving in China: A dynamic panel analysis of provincial data
Horioka, Charles Yuji; Wan, Junmin - 2006
In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a … life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that … China's household saving rate has been high and rising and that the main determinants of variations over time and over space …
Persistent link: https://www.econbiz.de/10010332228
Cover Image
Saving and portfolio allocation before and after job loss
Basten, Christoph; Fagereng, Andreas; Telle, Kjetil - 2012
Using administrative panel data from Norway, we investigate the development of household labor income, financial wealth …
Persistent link: https://www.econbiz.de/10010319696
Cover Image
Household consumption through recent recessions
Crossley, Thomas F.; Low, Hamish; O'Dea, Cormac - 2011
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
Persistent link: https://www.econbiz.de/10010331050
Cover Image
Household Consumption Through Recent Recessions
Crossley, Thomas F.; Low, Hamish; O'Dea, Cormac - 2011
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK …
Persistent link: https://www.econbiz.de/10010500198
Cover Image
Subprime consumer credit demand: evidence from a lender's pricing experiment
Alan, Sule; Dumitrescu, Ruxandra; Loranth, Gyongyi - 2011
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10011605350
Cover Image
Dynamic housing expenditures and household welfare
Blow, Laura; Nesheim, Lars - 2009
In this paper we develop a measure of current expenditures on housing services for owner-occupiers. Having such a measure is important for measuring the relative welfare of households, especially when comparing renters and owners and for measuring inflation. From a theoretical perspective...
Persistent link: https://www.econbiz.de/10010288450