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Disagreement in Australian Partners' Reports of Financial Difficulty

Breunig, Robert; Cobb-Clark, Deborah; Gong, Xiaodong; Venn, Danielle

Description

We 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 or individual (as opposed to household) views of financial difficulty. We...[Show more]

dc.contributor.authorBreunig, Robert
dc.contributor.authorCobb-Clark, Deborah
dc.contributor.authorGong, Xiaodong
dc.contributor.authorVenn, Danielle
dc.date.accessioned2015-12-07T22:53:55Z
dc.identifier.issn1569-5239
dc.identifier.urihttp://hdl.handle.net/1885/27934
dc.description.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 or individual (as opposed to household) views of financial difficulty. We find limited evidence that for some couples information asymmetries contribute to explaining disagreement about 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.
dc.publisherSpringer
dc.sourceReview of Economics of the Household
dc.subjectKeywords: Household finances; Material hardship; Survey methodology
dc.titleDisagreement in Australian Partners' Reports of Financial Difficulty
dc.typeJournal article
local.description.notesImported from ARIES
local.identifier.citationvolume5
dc.date.issued2007
local.identifier.absfor140299 - Applied Economics not elsewhere classified
local.identifier.ariespublicationu8410019xPUB54
local.type.statusPublished Version
local.contributor.affiliationBreunig, Robert, College of Business and Economics, ANU
local.contributor.affiliationCobb-Clark, Deborah, College of Business and Economics, ANU
local.contributor.affiliationGong, Xiaodong, College of Asia and the Pacific, ANU
local.contributor.affiliationVenn, Danielle, Commonwealth Department of Employment and Workplace Relations
local.description.embargo2037-12-31
local.bibliographicCitation.issue1
local.bibliographicCitation.startpage59
local.bibliographicCitation.lastpage82
local.identifier.doi10.1007/s11150-007-9005-2
dc.date.updated2015-12-07T12:44:49Z
local.identifier.scopusID2-s2.0-33947389139
CollectionsANU Research Publications

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