17072 SCHNEIDER PDF

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Finally, the paper compares the levels of financial fragility and methods of coping among eight industrialized countries. While there are differences in coping ability across countries, there is general evidence of a consistent ordering of coping methods.

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We also find evidence of a pecking order of coping methods in which savings appears to be first in the ordering. We examine the coping methods people use to deal with shocks.

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schneidwr Corrections All material on this site has been provided by the respective publishers and authors. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher D Carroll, Please note that corrections may take a couple of weeks to filter through the various RePEc services.

New Liquidity and Credit Scoring Puzzles? General contact details of provider: This abstract was borrowed from another version of this item.

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If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form.

This allows to link your profile to schnsider item. Almost half of Americans report that they are incapable of coming-up with the funds necessary to deal with an ordinary financial shock.

While savings is used most often, relying on family and friends, using formal and alternative credit, increasing work hours, and selling items are also used frequently to deal with emergencies, especially for some subgroups. RePEc uses bibliographic data supplied by the respective publishers. More about this item Keywords financial fragility ; savings ; coping ; JEL classification: If you are a registered author of this item, you may also want to check the “citations” tab 1702 your RePEc Author Service profile, as there may be some citations waiting for confirmation.

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Other versions of this item: Help us Corrections Found an error or omission? It also allows you to accept potential citations to this item that we are uncertain about. You can help correct errors and omissions.

When requesting a correction, please mention this item’s handle: Household finance researchers must look beyond precautionary saving to understand how families cope with risk.

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