Report

Disagreement in partners' reports of financial difficulty

26 Apr 2006
Description

Using data in which both partners report about household finances to, Robert Breunig, Deborah Cobb-Clark, Xiaodong Gong and Danielle Venn demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. This implies that standard surveys which collect information about the household’s financial position from a representative individual may fail to completely characterise the nature of material hardship.Using data in which both partners report about household finances to, Robert Breunig, Deborah Cobb-Clark, Xiaodong Gong and Danielle Venn demonstrate that there is often disagreement about whether the household has experienced financial difficulty in the past year. They examine four alternative explanations for this disagreement. The results indicate that disagreement may be related to the severity of the underlying material hardship rather than to gender differences or individual (as opposed to household) views of financial difficulty. They find only weak evidence that information asymmetries explain couple disagreement about financial difficulty. This implies that standard surveys which collect information about the household’s financial position from a representative individual may fail to completely characterise the nature of material hardship.

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Published year only: 
2006
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