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This abstract was borrowed from another version of this item.
Schneider – A9M – Article remplacé par A9MEM – EasyElec
We examine the coping methods people use to deal with shocks. This allows to link your profile to this item. More about this item Keywords financial fragility ; savings ; coping ; JEL classification: New Liquidity and Credit Scoring Puzzles? Christopher D Carroll, Almost half of Americans report that they are incapable of coming-up with the funds necessary to deal with an ordinary financial shock.
Other versions of this item: Finally, the paper compares the levels of financial fragility and methods of coping among eight industrialized countries. General contact details of provider: See general information about how to correct sschneider in RePEc. Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Financially Fragile Households: Evidence and Implications
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If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. Download full text from publisher File URL: RePEc uses bibliographic data supplied by the respective publishers. When requesting a correction, please mention this item’s handle: We also find schnieder of a pecking order of coping methods in which savings appears to be first in the ordering.
While savings is used most often, relying on family and friends, using formal and alternative credit, increasing work hours, and selling items are also used frequently to deal schheider emergencies, schneidre for some subgroups. If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. Household finance researchers must look beyond precautionary saving to understand how families cope with risk.
Corrections All material on this site has been provided by the respective publishers and authors. While there are differences in coping ability across countries, there is general evidence of a consistent ordering of coping methods.
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