I am an economist specializing in research in the area of Household Finance. I am also an academic advisor to the UK Financial Conduct Authority.


email: john.gathergood at nottingham.ac.uk

Working Papers

How Do Americans Repay Their Debt? The Balance-Matching Heuristic (with Neale Mahoney, Neil Stewart and Joerg Weber)

Naive Buying Diversification and Narrow Framing Among Individual Investors (with David Hirshleifer, David Leake, Hiro Sakaguchi and Neil Stewart)

How Do Consumers Avoid Penalty Fees? Evidence From Credit Cards (with Hiro Sakaguchi, Neil Stewart and Joerg Weber) Revise and Resubmit, Management Science

When Setting a Default Payment Harms Credit Card Holders (with Hiro Sakaguchi and Neil Stewart)

Professorial Salaries and Research Performance in UK Universities (with Gianni De Fraja and Giovanni Facchini) Revise and Resubmit, Economic Policy

Published and Forthcoming Papers

How Do Individuals Repay Their Debt? The Balance-Matching Heuristic (with N. Mahoney, N. Stewart and J. Weber)

American Economic Review, forthcoming

The Red, the Black and the Plastic: Paying Down Credit Card Debt for Hotels not Sofas (with E. Quispe-Torreblanca, N. Stewart and G. Loewenstein)

Management Science, forthcoming

How Do Payday Loans Affect Borrowers? Evidence From the UK Market (with S. Hunt and B. Guttman-Kenney)

Review of Financial Studies, 32: 496-523, 2019

Why Are Some Households So Poorly Insured? (with D. Wylie)

Journal of Economic Behavior and Organization, 156: 1-12, 2018

House Prices, Wealth Effects and Labour Supply (with R. Disney)

Economica, 85: 449-478, 2018

Financial Literacy, Present Bias and Alternative Mortgage Products (with J. Weber)

Journal of Banking and Finance, 78: 58-83, 2017

Financial Literacy: A Barrier to Home Ownership for the Young? (with J. Weber)

Journal of Urban Economics, 99: 62-78, 2017

Do Wealth Shocks Affect Health? New Evidence From The Housing Boom (with E. Fichera)

Health Economics, 25: S257-59, 2016

Credit Counseling: A Substitute for Consumer Financial Literacy? (with R. Disney and J. Weber)

Journal of Pension Economics and Finance, 14: 466-491, 2015

Self-Control, Financial Literacy and the Co-Holding Puzzle (with J. Weber)

Journal of Economic Behavior and Organization, 107: 455-469, 2014

Personal Debt and Psychological Health

New Palgrave Dictionary of Economics, 2014

Financial Literacy and Consumer Credit Portfolios (with R. Disney)

Journal of Banking and Finance, 37: 2246-2254, 2013

An Instrumental Variable Approach to Unemployment, Psychological Health and Social Norm Effects

Health Economics, 22: 643-654, 2013

Debt and Depression: Causal Links and Social Norm Effects

Economic Journal, 122: 1094-1114, 2012

Self-Control, Financial Literacy and Consumer Over-Indebtedness

Journal of Economic Psychology 33: 590-602, 2012

How Do Consumers Respond to House Price Declines?

Economics Letters 115: 279-281, 2012

Racial Disparities in Credit Constraints in the Great Recession: Evidence From the UK

B.E. Journal of Economic Analysis and Policy 11(3) (Advances), 2011

House Price Growth, Collateral Constraints and the Accumulation of Homeowner Debt in the US (with R. Disney)

B.E. Journal of Macroeconomics 11(1) (Contributions), 2011

Unemployment Risk, House Price Risk and the Transition into Homeownership in the United Kingdom

Journal of Housing Economics 20: 200-209, 2011

House Price Shocks, Negative Equity and Household Consumption in the United Kingdom (with R. Disney and A. Henley)

Journal of the European Economic Association 8: 1179-1207, 2010

House Price Shocks and Household Indebtedness in the United Kingdom (with S. Bridges and R. Disney)

Economica 77: 472-496, 2010

Housing Wealth, Liquidity Constraints and Self-Employment (with R. Disney)

Labour Economics 16: 79-88, 2009

Other Places to go for Household Finance

NBER Household Finance Working Group

CEPR Network on Household Finance

SSRN Household Finance E-Journal