Consumer Borrowing

Xiao, Jing Jian

doi:10.1007/978-1-4939-2821-7_10

Cited by 2 publications

(1 citation statement)

References 71 publications

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“…Among the economic factors, for example, there are constraints on households, as well as on individuals' abilities to borrow (Campbell, 2006). In fact, access to credit may be considered as an indicator of economic well-being, but only provided that consumers have control over their debt (Xiao, 2015).…”

Section: Introductionmentioning

confidence: 99%

Sources of Financing of Household Debt in Poland

Korzeniowska

2019

Folia Oeconomica Stetinensia

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Research background: This paper analyses the inter-relationships between the sources of financing households’ and the debt burden of indebted households. Purpose: The aim of the paper is to find out inter-relationships between the sources of financing debt and its burden among indebted households. Research Methodology: The research is divided into two parts. The first represents household debt in Poland in comparison to Euro area countries on the basis of the Households Finance and Consumption Survey. The second analyses are the data collected by the questionnaire at the beginning of 2018 in the Lubelskie voivodeship using the Tau b Kendall coefficient. Results: The analysis shows that households in the Lubelskie voivodeship focus their debt on financing their housing and consumption needs, whereby the main source of obtaining credit is commercial banks. However, there is a real risk observed in the concentration of loans in parabanks in general and in the need to use low private loans. Novelty: The findings show that the picture of household debt requires a thorough analysis in different contexts, as from an initial examination the situation looks relatively good, but when analysing more deeply and dividing households into separate groups with similar characteristics, we find considerable varied problems influencing households’ financial situations and raising the risk following their indebtedness.

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Section: Introductionmentioning

confidence: 99%

Sources of Financing of Household Debt in Poland

Korzeniowska

2019

Folia Oeconomica Stetinensia

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Dynamic Analysis of Defaults and Prepayments in the Turkish Mortgage Market

Varlı

Övenç

2019

Sosyoekonomi

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We analyze the determinants of default and prepayment in the Turkish mortgage market by utilizing data obtained from a large commercial bank. Our main findings suggest that default is positively affected by a high loan to value ratio and term length of mortgages, and negatively affected by certain quantitative easing periods, good expectations regarding the future, the ratio of real house prices to the size of the economy and mortgage customer's high school and above level of education and being married. The probability of prepayment rises with the increase in variables such as the gain ratio due to prepayment, high school and above level of education of the mortgage customer, size of the GDP and the ratio of real house prices to GDP. We also find that the likelihoods of both the cases of default and prepayment are locally maximized when nearly 60% of the term is reached.

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Consumer Borrowing

Cited by 2 publications

References 71 publications

Sources of Financing of Household Debt in Poland

Sources of Financing of Household Debt in Poland

Dynamic Analysis of Defaults and Prepayments in the Turkish Mortgage Market

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