Courageous but Indebted? Regional Courage is Associated With Higher Debt-to-Income Ratio in the United States
Personality and Social Psychology Bulletin
Published online on December 29, 2025
Abstract
Personality and Social Psychology Bulletin, Ahead of Print.
Geographic disparities in household indebtedness present an economic puzzle that traditional models inadequately explain. We examine whether regional psychological traits—specifically courage—help explain these differences. Analyzing data from 836,184 ...
Geographic disparities in household indebtedness present an economic puzzle that traditional models inadequately explain. We examine whether regional psychological traits—specifically courage—help explain these differences. Analyzing data from 836,184 ...