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Financial Stress and Indigenous Australians
Author(s) -
Breunig Robert,
Hasan Syed,
Hunter Boyd
Publication year - 2019
Publication title -
economic record
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.365
H-Index - 42
eISSN - 1475-4932
pISSN - 0013-0249
DOI - 10.1111/1475-4932.12444
Subject(s) - indigenous , disadvantage , stress (linguistics) , finance , equivalence (formal languages) , business , economics , political science , mathematics , ecology , linguistics , philosophy , law , biology , discrete mathematics
We examine the high levels of financial stress among Indigenous populations in Australia. We estimate separate models for the determinants of financial stress for Indigenous and non‐Indigenous households and show the importance of separately considering Indigenous disadvantage. We use these models to build equivalence scales for both groups. We find evidence consistent with financial stress being exacerbated by demand sharing (‘humbugging’). The evidence also suggests that financial stress is reduced by engagement in traditional hunting and gathering activities.