Note: The paper has benefited from valuable comments and suggestions by Conchita D'Ambrosio (the managing editor), the two anonymous referees, Michael Haliassos, Josef Hollmayr, Yigitcan Karabulut, Sebastian Kripfganz, and conference participants of the 10th Journees Louis-Andre Gerard-Varet Conference in Public Economics, New Directions in Welfare Congress of OECD, 32nd International Association of Review of Income and Wealth General Conference, as well as the seminar participants at the Goethe University Frankfurt. I would like to thank Ivan Fernandez-Val for sharing his Matlab codes. The views expressed herein are my own and do not necessarily reflect those of Deutsche Bank AG or Deutsche Bank Research.
Is perceived financial inadequacy persistent?
Article first published online: 22 AUG 2013
© 2013 International Association for Research in Income and Wealth
Review of Income and Wealth
Volume 60, Issue 4, pages 636–654, December 2014
How to Cite
Kaya, O. (2014), Is perceived financial inadequacy persistent?. Review of Income and Wealth, 60: 636–654. doi: 10.1111/roiw.12067
- Issue published online: 9 NOV 2014
- Article first published online: 22 AUG 2013
Appendix A: Dynamic Probit Model with Fixed Effects
Appendix B: Derivations
Appendix C: Model Comparisons
Table C1: Model Comparisons
Appendix D: List of Household Characteristics
Appendix E: Tables
Table E1: Summary Statistics of Variables
Table E2: Correlation Matrix of Satisfaction Responses
Table E3: Marginal Effects for Financial Satisfaction using Individual Averages
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