Kim, Hyun Jeong; Lee, Dongyeol; Son, Jong Chil; Son, Min Kyu - In: Japan and the World Economy 29 (2014) C, pp. 59-76
This paper investigates why household debt in Korea has increased so rapidly over the past decade and whether it is … analysis reveals that household debt growth has been significantly related to house price increases, banks’ lax attitudes … rapid rise in the ratio of household debt to disposable income is attributable not only to the increase in household asset …