TY - JOUR
T1 - Something will turn up? Financial over-optimism and mortgage arrears
AU - Dawson, Chris
AU - Henley, Andrew
PY - 2012/10
Y1 - 2012/10
N2 - 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 difficulties post committal is associated with over-optimism prior to new mortgage advances.
AB - 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 difficulties post committal is associated with over-optimism prior to new mortgage advances.
UR - http://www.scopus.com/inward/record.url?scp=84861110605&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1016/j.econlet.2012.04.063
U2 - 10.1016/j.econlet.2012.04.063
DO - 10.1016/j.econlet.2012.04.063
M3 - Article
SN - 0165-1765
VL - 117
SP - 49
EP - 52
JO - Economics Letters
JF - Economics Letters
IS - 1
ER -