English Abstract:This paper is study on household’s credit constraints, a special form of financial exclusion. Credit … authorities need to carrry out household credit policies in a way that encourages banks to extend the grey zone loans actively …

English Abstract: The household debt-to-GDP ratio of Korea is globally high and has been increasing faster since 2020 …. This paper estimates the household's sustainable debt ratio limit by income quintile and studies how changes in interest … asset disposition will reduce household debt space. In addition, some households already have exceeded their sustainable …

English Abstract: This paper examines the relation between household's loan information – such as household loans …, multiple loan amount and consumer credit ratings ‒ and systemic risk. We find that an increase in household loans is a leading … indicator of systemic risk. In particular, systemic risk is related more to household loans from non-banks than to those from …

evidence from international panel data shows that population aging is associated with a higher growth rate of household net … assets and does not suppress household debt growth. In addition, the insurance, pension and asset management industries are … households. To complement the international panel data analysis, we also implement a simulation of household balance sheets based …

, size of places, and home ownership. A household may make its decision by simultaneously considering these three dimensions … words, as if a household made the decision before taking the type and size into account. From the results, we can see the … equations. Secondly, a household which decides to purchase housing is more likely to buy AS rather than HS. This is …