Financial expectations and household debt / by René Morissette. : CS11-626/2019-90E-PDF

"This Economic Insights article quantifies the degree to which families who expect their financial situation to get better in the next two years have, all else equal, more debt than comparable families. The data are drawn from the Survey of Financial Security for 1999, 2005 and 2016. The term “family” is used to refer to family units and includes economic families and unattached individuals. Debt and income estimates are shown in 2016 dollars. The study shows that even after a large set of socioeconomic characteristics is controlled for, families who expect their financial situation to improve in the near future have significantly more debt and generally higher debt-to-income ratios than other families"--page 1.

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Renseignements sur la publication
Ministère/Organisme Statistics Canada.
Titre Financial expectations and household debt / by René Morissette.
Titre de la série Economic insights, 1927-503X ; no. 090
Type de publication Série - Voir l'enregistrement principal
Langue [Anglais]
Autres langues publiées [Français]
Format Électronique
Document électronique
Note(s) Title from cover.
Issued also in HTML format.
Issued also in French under title: Attentes financières et endettement des ménages.
"Release date: April 4, 2019."
Incorrect catalogue number (11-626 X — 2019005 - No. 091) printed in this publication.
Includes bibliographical references.
Information sur la publication [Ottawa] : Statistics Canada = Statistique Canada, 2019.
©2019
Auteur / Contributeur Morissette, R. (René), 1959- author.
Description 1 online resource (5 pages) : charts.
ISBN 9780660300023
Numéro de catalogue
  • CS11-626/2019-90E-PDF
Numéro de catalogue du ministère 11-626-X
Descripteurs Debt
Family
Economic forecasting
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