کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5056487 1371637 2014 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Determinants of credit to households: An approach using the life-cycle model
ترجمه فارسی عنوان
عوامل تعیین کننده اعتبار به خانوارها: رویکردی که از مدل چرخه زندگی استفاده می کند
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی


- We develop and simulate a life-cycle model with individual income uncertainty in order to analyze the determinants of credit to households.
- The household credit to GDP ratio depends on the interest rate spread, individual income uncertainty, and individual income persistence.
- We provide empirical evidence on the basis of panel data from 36 countries.

This paper applies a life-cycle model with individual income uncertainty in order to investigate the determinants of credit to households. We show that the household credit to GDP ratio depends on the lending-deposit interest rate spread, individual income uncertainty, and individual income persistence. We subsequently provide empirical evidence for the prediction of a theoretical model on the basis of data from OECD and EU countries.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Systems - Volume 38, Issue 4, December 2014, Pages 572-587
نویسندگان
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