This study used the 1992 Survey of Consumer Finances to construct five household types in order to examine the impact of household type on household emergency fund holdings. Households headed by blacks were less likely than otherwise similar households to have adequate emergency fund holdings. Age, risk tolerance and education of the household head were also found to have a positive impact on the probability of a household meeting the guidelines for adequate emergency fund holdings. Key Words: Emergency funds, Household type, Survey of Consumer Finances

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