Household Insolvency
Open Access
- 30 December 1995
- journal article
- Published by Academy of Financial Services in Financial Services Review
- Vol. 4 (2) , 137-156
- https://doi.org/10.1016/1057-0810(95)90008-x
Abstract
This review paper explores the issues related to the meaning and measurement of insolvency within the domain of household finances. Conceptual and empirical evidence to explain the onset of insolvency is reviewed. Predictive models and financial ratios are presented as techniques for identifying insolvent households. Implications for monitoring of solvency by households and responses to insolvency are presented.Keywords
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