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We explore how personality traits are related to household borrowing behavior. Using survey data representative for the … complement as well as substitute financial knowledge of a household. We present three sets of results. First, we find that …
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We explore how personality traits are related to household borrowing behavior. Using survey data representative for the … complement as well as substitute financial knowledge of a household. We present three sets of results. First, we find that …
Persistent link: https://www.econbiz.de/10013542004
This paper discusses the evolution of the household debt in Australia and finds that while higher-income and higher … depending on the level of household debt. The results corroborate other work that households' response to monetary policy shocks …
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