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Non-Cognitive Abilities and Financial Delinquency: The Role of Self-Efficacy in Avoiding Financial Distress

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NBER2017-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23028
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资源简介:
We investigate a novel determinant of household financial delinquency, namely, peoples subjective expectations regarding the cost-benefit trade-off in default decisions. These expectations are determined by individuals self-efficacy, which is a non-cognitive ability that measures how strongly people
提供机构:
美国国家经济研究局
创建时间:
2017-01-01
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