Modelling the determinants of Malaysian household debt
This paper explores the determinants of household debt composition in Malaysia.By utilizing the bound test and auto regressive distributed lag modelling approach, findings of this study reveals that in the long run period, a change in income level, housing price and population would have a positive...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2016
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/20552/1/IJEFI%206%204%202016%201468%201473.pdf |
| _version_ | 1825804391423148032 |
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| author | Ahmad Khan, Hafizah Hammad Abdullah, Hussin Samsudin, Shamzaeffa |
| author_facet | Ahmad Khan, Hafizah Hammad Abdullah, Hussin Samsudin, Shamzaeffa |
| author_sort | Ahmad Khan, Hafizah Hammad |
| collection | UUM |
| description | This paper explores the determinants of household debt composition in Malaysia.By utilizing the bound test and auto regressive distributed lag modelling approach, findings of this study reveals that in the long run period, a change in income level, housing price and population would have a positive impact on mortgage debt while rise in interest rates and cost of living would exert a negative influence.In addition, findings of this study supported that the household uses the debt as a substitute for income to finance the rising consumption because of a higher living cost.Findings of this study could provide some guidance to policymakers in controlling the mounting debt level and help in realizing the nation economic goals. |
| first_indexed | 2024-07-04T06:13:47Z |
| format | Article |
| id | uum-20552 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:13:47Z |
| publishDate | 2016 |
| publisher | EconJournals |
| record_format | eprints |
| spelling | uum-205522017-01-05T01:17:19Z https://repo.uum.edu.my/id/eprint/20552/ Modelling the determinants of Malaysian household debt Ahmad Khan, Hafizah Hammad Abdullah, Hussin Samsudin, Shamzaeffa HG Finance This paper explores the determinants of household debt composition in Malaysia.By utilizing the bound test and auto regressive distributed lag modelling approach, findings of this study reveals that in the long run period, a change in income level, housing price and population would have a positive impact on mortgage debt while rise in interest rates and cost of living would exert a negative influence.In addition, findings of this study supported that the household uses the debt as a substitute for income to finance the rising consumption because of a higher living cost.Findings of this study could provide some guidance to policymakers in controlling the mounting debt level and help in realizing the nation economic goals. EconJournals 2016 Article PeerReviewed application/pdf en cc4_by https://repo.uum.edu.my/id/eprint/20552/1/IJEFI%206%204%202016%201468%201473.pdf Ahmad Khan, Hafizah Hammad and Abdullah, Hussin and Samsudin, Shamzaeffa (2016) Modelling the determinants of Malaysian household debt. International Journal of Economics and Financial Issues, 6 (4). pp. 1468-1473. ISSN 2146-4138 https://www.econjournals.com/index.php/ijefi/article/view/2922 |
| spellingShingle | HG Finance Ahmad Khan, Hafizah Hammad Abdullah, Hussin Samsudin, Shamzaeffa Modelling the determinants of Malaysian household debt |
| title | Modelling the determinants of Malaysian household debt |
| title_full | Modelling the determinants of Malaysian household debt |
| title_fullStr | Modelling the determinants of Malaysian household debt |
| title_full_unstemmed | Modelling the determinants of Malaysian household debt |
| title_short | Modelling the determinants of Malaysian household debt |
| title_sort | modelling the determinants of malaysian household debt |
| topic | HG Finance |
| url | https://repo.uum.edu.my/id/eprint/20552/1/IJEFI%206%204%202016%201468%201473.pdf |
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