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 …

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 …

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 …