Disagreement in Partners’ Reports of Financial Difficulty
AbstractWe use unique data in which both partners report about household finances to demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. Four alternative explanations for this disagreement are tested using the data. The results indicate that disagreement may be related to the severity of the underlying material hardship rather than to gender differences, information asymmetries, or individual (as opposed to household) views of financial difficulty. This implies that standard surveys which collect information about the household’s financial position from a representative individual may fail to completely characterize the nature of material hardship.
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Bibliographic InfoPaper provided by Australian National University, College of Business and Economics, School of Economics in its series ANU Working Papers in Economics and Econometrics with number 2005-453.
Length: 36 pages
Date of creation: May 2005
Date of revision:
Other versions of this item:
- Breunig, Robert & Cobb-Clark, Deborah A. & Gong, Xiaodong & Venn, Danielle, 2005. "Disagreement in Partners' Reports of Financial Difficulty," IZA Discussion Papers 1624, Institute for the Study of Labor (IZA).
- Robert Breunig & Deborah Cobb-Clark & Xiaodong Gong & Danielle Venn, 2006. "Disagreement in Partners’ Reports of Financial Difficulty," CEPR Discussion Papers 520, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
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