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Savings, investments, debts and psychological well-being in married and cohabiting couples

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  • Yee Kan, Â Man
  • Laurie, Heather

Abstract

This paper builds on the existing literature about the distribution of financial resources within the household between couple members. Using data from the British Household Panel Study (BHPS) we examine the ownership of, and amounts held in savings, investments and debts by couple members, and how these vary by individual and household characteristics. A particular focus is the extent to which financial resources derived from paid employment are allocated within the household through the ownership of assets and debts by couple members. We also examine the relationship between the ownership of assets and liabilities with individual psychological well-being.

Suggested Citation

  • Yee Kan, Â Man & Laurie, Heather, 2010. "Savings, investments, debts and psychological well-being in married and cohabiting couples," ISER Working Paper Series 2010-42, Institute for Social and Economic Research.
    • Handle: RePEc:ese:iserwp:2010-42
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    File URL: https://www.iser.essex.ac.uk/wp-content/uploads/files/working-papers/iser/2010-42.pdf
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    References listed on IDEAS

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    1. Carmen Diana Deere & Cheryl Doss, 2006. "The Gender Asset Gap: What Do We Know And Why Does It Matter?," Feminist Economics, Taylor & Francis Journals, vol. 12(1-2), pages 1-50.
    2. Ferrer-i-Carbonell, Ada, 2005. "Income and well-being: an empirical analysis of the comparison income effect," Journal of Public Economics, Elsevier, vol. 89(5-6), pages 997-1019, June.
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    Cited by:

    1. Dilyara Ibragimova, 2013. "Money management in russian families," HSE Working papers WP BRP 11/SOC/2013, National Research University Higher School of Economics.
    2. Sadig, Husam, 2014. "Weighting for non-monotonic response pattern in longitudinal surveys," ISER Working Paper Series 2014-34, Institute for Social and Economic Research.
    3. Grabka, Markus M. & Marcus, Jan & Sierminska, Eva, 2015. "Wealth Distribution within Couples," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 13(3), pages 459-486.
    4. Fernandes, Inês & Schmidt, Tobias, 2021. "Household bargaining, pension contributions and retirement expectations: Evidence from the German Panel on Household Finances," Discussion Papers 44/2021, Deutsche Bundesbank.

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