-differentiated household credit risks under the scenarios. This study also estimates the effect on interest income shocks to financial … financial institutions by combining the effects of Covid19 on firm and household credit risks and interest income shocks to …

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 most significant risk for the Korean economy is the surge in household debt. By relying on an … household insolvency. This study uses the Bank of Korea household debt database based on the credit rating data provided by NICE … Investors Service Co. Most existing studies on household debts have analyzed household debt determinants by considering only …

prolonged increase in household debt compared to income conditions, which could constrain consumption and growth and increase … financial crisis, leading to a rise in household debt. Additionally, analyzing the central bank's conduct of monetary policy … inflation and growth in its policy decisions, with some responsiveness to the increase in household debt. However, the …