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Journal Article

The impact of unsecured debt on financial pressure among British households

Authors

Publication date

2008

Abstract

This article uses the 1995 and 2000 waves of the British Household Panel Survey to examine how a self-reported indicator of financial pressure is related to household finances and other characteristics. Using an ordered-logit model we find that the burden of debt is affected by the unsecured debt-income ratio, mortgage income gearing, financial wealth, health, ethnicity and marital status.

Published in

Applied Financial Economics

Volume

18 (5):1209-1220

DOI

http://dx.doi.org/10.1080/09603100701604233

Links

http://serlib0.essex.ac.uk/record=b1594912

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*

#511659


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