• Login
    View Item 
    •   Athenaeum Home
    • University of Georgia Theses and Dissertations
    • University of Georgia Theses and Dissertations
    • View Item
    •   Athenaeum Home
    • University of Georgia Theses and Dissertations
    • University of Georgia Theses and Dissertations
    • View Item
    JavaScript is disabled for your browser. Some features of this site may not work without it.

    Athens-Clarke County residents' households' debt, risk aversion and expectations for the future

    Thumbnail
    Date
    2002-08
    Author
    Yang, Yali
    Metadata
    Show full item record
    Abstract
    Using the data collected from Athens-Clarke County residents, this study investigated the effect of consumers’ risk aversion and their expectations regarding the future economic environment on both the dollar amount of their households’ total debt and the ratio of mortgage debt and auto debt to total debt, controlling socio-economic factors. Multiple regression with two hierarchical models was used to achieve the goal. Consumers’ risk aversion, employment status and educational level was found to have significant relationship with their households’ total debt. Meanwhile, the reliability and validity of 13- item instrument measuring respondents’ financial risk aversion were examined with Cronbach’s alpha and factor analysis. According to the reliability test and factor analysis results, ten items were retained to construct a ten-item instrument, which had an acceptable reliability with a Cronbach’s alpha of 0.72.
    URI
    http://purl.galileo.usg.edu/uga_etd/yang_yali_200208_ms
    http://hdl.handle.net/10724/29356
    Collections
    • University of Georgia Theses and Dissertations

    About Athenaeum | Contact Us | Send Feedback
     

     

    Browse

    All of AthenaeumCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

    My Account

    LoginRegister

    About Athenaeum | Contact Us | Send Feedback