The existence and persistence of household financial hardship

Book, Preprint English OPEN
Sarah Brown; Pulak Ghosh; Karl Taylor;
(2012)
  • Publisher: Department of Economics, University of Sheffield
  • Subject: financial problems; multivariate dynamic Logit model; sample attrition
    • jel: jel:C33 | jel:R20

We investigate the existence and persistence of financial hardship at the household level using data from the British Household Panel Survey. Our modelling strategy makes three important contributions to the existing literature on household finances. Firstly, we model n... View more
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