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Financial Stress and Indigenous Australians

Robert Breunig, Syed Hasan and Boyd Hunter

No 11221, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: We examine the high levels of financial stress among Indigenous populations in Australia. We estimate separate models for the determinants of financial stress for Indigenous and non-Indigenous households and show the importance of separately considering Indigenous disadvantage. We use these models to build equivalence scales for both groups. We find evidence consistent with financial stress being exacerbated by demand-sharing ("humbugging"). The evidence also suggests that financial stress is reduced by engagement in traditional hunting and gathering activities.

Keywords: equivalence scales; cash ow; hardship; financial stress; indigenous poverty (search for similar items in EconPapers)
JEL-codes: I31 I32 J15 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2017-12
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published in: Economic Record, 2019, 95 (308), 34 - 57

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Journal Article: Financial Stress and Indigenous Australians (2019) Downloads
Working Paper: Financial stress and Indigenous Australians (2018) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp11221

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