Jin, Chenglu; Mao, Weida; Jin, Keru; Yang, Qianqian; … - In: Journal of management science and engineering 10 (2025) 1, pp. 97-110
constraints. This study investigates the determinants of Chinese household debt structure, focusing on the choice between formal … and informal borrowing and the proportion of formal debt under different credit constraints. Data from the 2018 China … constraints at the household level. This new household credit constraint index demonstrates that the factors affecting the debt …