The determinants of unsecured borrowing: evidence from the BHPS

Ana Del Rio and Garry Young

Applied Financial Economics, 2006, vol. 16, issue 15, 1119-1144

Abstract: The British Household Panel Survey (BHPS) for 1995 and 2000 is used to examine the determinants of participation in the unsecured debt market and the amount borrowed. Age, income, positive financial prospects and housing tenure are found to be significant in probit models for participation. Income is the main variable explaining cross-sectional differences in unsecured debts.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/09603100500438791 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apfiec:v:16:y:2006:i:15:p:1119-1144

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAFE20

DOI: 10.1080/09603100500438791

Access Statistics for this article

Applied Financial Economics is currently edited by Anita Phillips

More articles in Applied Financial Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().