Does access to a television increase debt? (via SimoleanSense)

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.

If you want to check the complete the paper, here you have the link: http://www.farnamstreetblog.com/2011/11/does-access-to-a-television-increase-your-debt/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+68131+%28Farnam+Street%29&utm_content=Google+Reader