We used three financial ratios to measure the financial security of low income households: the liquidity, debt-to-income (DTI), and solvency ratios. Our analytic sample included non-retired households with incomes no greater than three times the poverty threshold as reported by the U.S. Census...

We examine the self-control problems of U.S households and their effects on households' retirement preparedness based on the Behavioral Life-Cycle Hypothesis. Using the 2010 Survey of Consumer Finances dataset, the level of retirement adequacy was estimated with income replacement ratio (IRR),...

This study examined the profile of student loans in the U.S., identifying the determinants of three types of financial burdens attributable to student loans: (1) outstanding balance; (2) loan payment-to-income ratio, and (3) loan delinquency. The pooled dataset from the 2010 to 2013 Survey of...