Gambling and credit: an individual and household level analysis for the UK

Sarah Brown (), Andrew Dickerson, Jolian McHardy and Karl Taylor

Applied Economics, 2012, vol. 44, issue 35, 4639-4650

Abstract: We explore the relationship between gambling and the use of credit at the individual and household levels using representative pooled cross-section data from the UK Expenditure and Food Surveys (EFS) (2001--2007). Gambling and the use of credit are shown to be positively correlated at the household level. We find that both the incidence and amount of gambling vary according to household income and the positive association between gambling and credit is stable across household income. It is also apparent that there is strong intra-household correlation in both gambling activity and the use of credit, with stronger relationships in lower income households.

Date: 2012
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Working Paper: Gambling and credit: an individual and household level analysis for the UK (2011)
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DOI: 10.1080/00036846.2011.593502

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