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Saturday, May 19 • 9:45am - 11:15am
F3a-Financial Knowledge and Financial Fragility of U.S. Households

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Sharon DeVaney, Kyoung Tae (KT) Kim, - The purpose of the study is to analyze financial fragility as the inability to repay financial debt. We develop an index of fragility based on five questions from the NFCS. In addition, we use an instrumental variable approach to address a possible endogenity issue in financial knowledge.


Sharon DeVaney

Professor Emeritus and Editor, American Association of Family & Consumer Sciences

Saturday May 19, 2018 9:45am - 11:15am
Sand Key

Attendees (2)