debt: psychology of debt
In faraway: Functions and Datasets for Books by Julian Faraway

debt	R Documentation

psychology of debt

Description

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