debt {faraway}R Documentation

psychology of debt

Description

The data arise from a large postal survey on the psychology of debt.

Usage

data(debt)

Format

A data frame with 464 observations on the following 13 variables.

incomegp
income group (1=lowest, 5=highest)
house
security of housing tenure (1=rent, 2=mortgage, 3=owned outright)
children
number of children in household
singpar
is the respondent a single parent?
agegp
age group (1=youngest)
bankacc
does the respondent have a bank account?
bsocacc
does the respondent have a building society account?
manage
self-rating of money management skill (high values=high skill)
ccarduse
how often did s/he use credit cards (1=never... 3=regularly)
cigbuy
does s/he buy cigarettes?
xmasbuy
does s/he buy Christmas presents for children?
locintrn
score on a locus of control scale (high values=internal)
prodebt
score on a scale of attitudes to debt (high values=favourable to debt

Details

All yes/no questions are coded 0=no, 1=yes. Locus of control is a personality measure introduced by Rotter, which claims to differentiate people according to how much they feel things that happen to them are as a result of processes within themselves (internal locus of control) or outside events (external locus of control).

Source

Lea, Webley & Walker, 1995, Journal of Economic Psychology, 16, 181-201 Data obtained from http://www.exeter.ac.uk/~SEGLea.


[Package faraway version 1.0.4 Index]