Something will turn up? Financial over-optimism and mortgage arrears
(2012)
Journal Article
Dawson, C., & Henley, A. (2012). Something will turn up? Financial over-optimism and mortgage arrears. Economics Letters, 117(1), 49-52. https://doi.org/10.1016/j.econlet.2012.04.063
This paper investigates the association between unrealised financial expectations (over-optimism) and subsequent mortgage repayment difficulties, using British longitudinal data. Evidence is provided that an increased probability of mortgage payment... Read More about Something will turn up? Financial over-optimism and mortgage arrears.