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Does access to a television increase debt?

Average Reading Time: less than a minute.

Interesting, this paper suggests that television access is associated with higher debt levels for durable household goods, but not with the total amount of non-mortgage debt.

…The empirical results suggest that the greater access to television is associated with a greater tendency to maintain household debt and debt for household products. Results also suggest that greater access to television is associated with higher levels of debt for durable goods, though not for total debt levels.

Source: The Role of Television in Household Debt: Evidence from the 1950’S

(via @harpersnotes)

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