000			01180nam a22001577a 4500
999			_c522104 _d522104
008			230311b ||||| |||| 00| 0 eng d
100			_aLuotonen, N., Puttonen V. and Rantapuska,E. _938353
245			_aAbility, educational attainment, and household financial distress
260			_aJournal of Consumer Policy
300			_a45(4), Dec, 2022: p.655-672
520			_aUsing register data on the Finnish population, we show that both ability (measured with comprehensive school GPA) and educational attainment are relevant predictors of financial distress, even after accounting for childhood family environment. Low GPA is an especially useful predictor of financial distress years later for those who attain a secondary-level education at most. Our results suggest that any societal interventions to mitigate financial distress should particularly focus on low GPA individuals, and especially those unlikely to continue their studies after completing comprehensive school.- Reproduced
650			_aFinancial distress, Cognitive ability, Noncognitive ability, Educational attainment. _936777
773			_aJournal of Consumer Policy
906			_aCONSUMERS
942			_cAR