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Corrections All material on this site has been provided by the respective publishers and authors. While savings is used most often, relying on family and friends, using formal and alternative credit, increasing work hours, and selling items are also used frequently to deal with emergencies, especially for some subgroups. Download full text schneide publisher File URL: For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: If you have authored this item and are not yet registered with RePEc, we encourage you to do it here.


See general information about how to correct material in RePEc. Help us Corrections Found an error or omission? New Liquidity and Credit Scoring Puzzles?

RePEc uses bibliographic data supplied by the respective publishers. Finally, the paper compares the levels of financial fragility and methods of coping among eight industrialized countries.

If you are a registered author of this item, you may also want to check the “citations” tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. We examine the coping methods people use to schneidee with shocks. More about this item Keywords financial fragility ; savings ; coping ; JEL classification: Other versions of this item: Christopher D Carroll, 1702 Please note that corrections may take a couple of weeks to filter through the various RePEc services.

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You can help correct errors and omissions. General contact details of provider: It also allows you to accept potential citations to this item that we are uncertain about. When requesting a correction, please mention this item’s handle: We also find evidence of a pecking order of coping methods in which savings appears to be first in the ordering.


Almost half of Americans report that they are incapable of coming-up with the funds necessary to deal with an schneidwr financial shock. This abstract was borrowed from another version of this item.

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Household finance researchers must look beyond precautionary saving to understand how families cope with risk. If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form.

While there are differences in coping ability across countries, there is general evidence of a consistent ordering of coping methods.