Journal of the Korean Home Economics Association (대한가정학회지)
- Volume 38 Issue 2
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- Pages.65-77
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- 2000
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- 1225-0937(pISSN)
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- 2234-2818(eISSN)
Determinants of the Household Use of Different Types of Debt
유형별 부채의 보유결정에 영향을 미치는 요인 분석
Abstract
This study investigated the effect of socio-demographic variables and the ownership of asset and the other types of debts on the use of a specific type of household debt. Household debts were categorized into six types according to borrowing sources: debts from banks, other financial institutes, employers, private sources, Gye, and retailers. The 1996 Korean Household Panel Study were analyzed using logistic model. It was found that socio-demographic factors influenced differently on the probabilities of debt holdings according to the types of debt. There were interrelationships among the ownerships of a specific type of debt and other types of debt and asset.
Keywords