Household Over-indebtedness and Financial Vulnerability in Korea: Evidence from Credit Bureau Data
Financial soundness in the household sector matters for financial stability and for the real economy. The level of household debt in Korea raises concern about the financial soundness of the household sector due to its size, growth rate and quality. Against this backdrop, we assess the financial vul...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Korea Development Institute
2016-08-01
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Series: | KDI Journal of Economic Policy |
Subjects: | |
Online Access: | https://doi.org/10.23895/kdijep.2016.38.3.53 |