We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
The determinants of unsecured borrowing: evidence from the British Household Panel Survey.
- Authors
Del-Río, Ana; Young, Garry
- Abstract
This article examines survey evidence on the determinants and distribution of unsecured debt using waves 5 and 10 for 1995 and 2000 of the British Household Panel Survey (BHPS). Previous work in the Bank has used the BHPS to analyze the overall financial position of households, including the distribution of unsecured debt across different income and age groups. This article looks in more detail at the determinants of the cross-sectional distribution of unsecured debt and whether this distribution has changed over time. That makes it possible to assess whether unsecured debt has increased because the factors determining its use have changed or whether more debt is held for given circumstances.
- Subjects
UNITED Kingdom; SURVEYS; DEBT; HOUSING; FINANCIAL crises; INCOME; AGE groups; ACCOUNTS payable
- Publication
Bank of England Quarterly Bulletin, 2005, Vol 45, Issue 2, p187
- ISSN
0005-5166
- Publication type
Article