Journal of Digital Convergence (디지털융복합연구)

The Society of Digital Policy and Management (한국디지털정책학회)
권호 표지
DOI QR코드

DOI QR Code

An Empirical Study on the Influencing factors of Household Debt

가계부채의 결정요인에 관한 실증적 연구

  • 이신남 (협성대학교 세무회계학과)
  • Received : 2016.03.01
  • Accepted : 2016.05.20
  • Published : 2016.05.28
Download PDF
⟨ Previous Next ⟩

Abstract

The purpose of this study is to analyze the affecting factors and debt characteristics with household debt. The method of analysis was used SPSS 22.0. The main results were as follows. First, psychological debt burden group were found to be lower academic background, more household members, job in agriculture, forestry and fisheries and women among demographic characteristics. This suggests the need for the governments who are interested in the risk from household debt. Second, psychological debt burden group showed higher level of debt and average monthly debt repayments. This study implies that it is necessary to do financial education and consulting. Third, psychological debt burden group seemed that the households with more the average monthly interest payments and repayments on income, the more total liabilities compared to total assets. As the ages get higher, it was gradually increased. It suggests that the development of psychological counseling program for debtor with household debt. Other factors(property prices or the financial environments) will be dealt with in the subsequent studies.

본 연구의 목적은 부채보유 가계를 대상으로 가계부채에 미치는 결정요인에 대하여 분석하고자 한 연구이다. 분석 방법으로는 SPSS 22.0을 사용하였다. 연구결과는 다음과 같다. 첫째, 부채보유 가계를 대상으로 검증한 결과, 인구통계학적 특성으로는 학력이 낮을수록, 나이가 많을수록, 직업은 농림 및 어업에서 그리고 가구원 수가 많을수록, 성별에 있어서는 여성들이 더 많은 심리적 부채부담을 갖는 것으로 나타났다. 둘째, 부채보유가계 중 월평균 부채상환액과 총자산에 대한 부채부담특성이 심리적 부채부담에 영향을 미치는 것으로 나타났다. 이는 취약계층을 위하여 부채부담을 낮출 수 있도록 부채 금리를 낮추고, 가계부채자에 대한 이해도를 높이는 것이 필요하며, 그에 적합한 금융교육과 컨설팅이 필요하다는 것을 시사한다. 셋째, 부채보유 가계 중 심리적 부채 부담에 영향을 미치는 요인으로 나이가 많을수록, 소득에 비해 월평균 지급이자 및 상환액이 높을수록, 총자산에 비해 총부채가 많을수록 심리적 부채부담에 영향을 미치는 것으로 나타났다. 가계부채에 영향을 주는 다른 요인은 후속연구에서 다루어질 것이다.

Keywords

References

  1. S. Gerlach and W. Peng, "Bank Lending and Property Prices in Hong Kong", Journal of Banking & Finance, Vol. 29, No. 2, pp. 461-481, 2005. https://doi.org/10.1016/j.jbankfin.2004.05.015
  2. C. Goodhart, P. Sunirand and D. Tsomocos, "A Model to Analyse Financial Fragility", Economic Theory, Vol. 27, pp. 107-142, 2006. https://doi.org/10.1007/s00199-004-0572-7
  3. D. W. Diamond and R. G. Rajan, "The Credit Crisis: Conjectures about Causes and Remedies", American Economic Review, Vol. 99, No. 2, pp. 606-610, 2009. https://doi.org/10.1257/aer.99.2.606
  4. G. Debelle, "Macreoeconomic implications of rising household debt", BIS, Vol. 153, pp. 1-39, 2004.
  5. L. Jeremy, T. Neumegen and A. Knott, "Representing reach-to-grasp trajectories using perturbed goal motor states", Springer-Verlag Heidelberg, Vol. 280, pp. 250-261, 2012.
  6. A. Main, K. Rao and A.Sufi, "Household Balance Sheets, Consumption, and the Economic Slump", The Quarterly Journal of Economics, Vol. 128, No. 4, pp. 1687-1726, 2013. https://doi.org/10.1093/qje/qjt020
  7. G. B. Eggertsson and P. Krugman, "Debt, Deleveraging, and the Liquidity Trap: A Fisher-Minsky-Koo Approach", The Quarterly Journal of Economics, Vol. 127, No. 3, pp. 1469-1513, 2012. https://doi.org/10.1093/qje/qjs023
  8. S. A. DeVaney, "The usefulness of financial ratio as predictors of household insolvency: To perspectives", Financial Counseling and Planning, Vol. 5, pp. 5-24, 1994.
  9. C. R. Hayhoe, S. H. Cho, S. A. DeVaney, S. L. Worthy, J. Kim and E. Gorham, "How do distrust and anxiety affect savings behavior?", Family & Consumer Sciences Research Journal, Vol. 41, No. 1, pp. 69-85, 2012. https://doi.org/10.1111/j.1552-3934.2012.02129.x
  10. M. J. Gwag, H. S. Lee and M. J. Kim, "Influencing Factors and Characteristics of Households with Total Debt Increasing according to the Subjective Debt Burden", Korea Consumer Agency, Vol. 43, pp. 157-175, 2012.
  11. S. M. Danes, and K. D. Rettig, "Economic adjustment strategies of farm men and women experiencing economic stress", Journal of Financial Counseling and Planning, Vol. 6, pp. 1-18, 1995.
  12. K. Retting, S. M. Danes, and R. Leichtentritt, "Affective, cognitive, and behavioral responses to economic stress", Family and Consumer Sciences Research Journal, Vol. 26, No. 1, pp. 3-28, 1997. https://doi.org/10.1177/1077727X970261001
  13. K. A. Kim, "Study on Trend and Determinants of Domestic Households' Debt -Analysis of Micro-Level Data", Applied Economics, Vol. 13, No. 1, pp. 209-237, 2011.
  14. A. Mian, K. Rao and A. Sufi, "Household Balance Sheets, Consumption, and the Economic Slump", Quarterly Journal of Economics, Vol. 128, No. 4, pp. 1687-1726, 2013. https://doi.org/10.1093/qje/qjt020
  15. H. C. Chai, H. S. Lee, S. J. Yang and Y. A. Sung, "Development of the Indexes and Guidelines for Evaluating Financial Status of the Household Using Financial Ratios", Korean Society of Consumer Studies, Vol. 14, No. 1, pp. 99-121, 2003.
  16. M. J. Gwag and H. S. Lee and M. J. Kim, "Influencing Factors and Characteristics of Households with Total Debt Increasing according to the Subjective Debt Burden", Journal of consumer policy studies, Vol. 43, pp.157-175, 2012.
  17. S. H. Jeon and B. I. Lim, "An Analysis on Repayment Capability of Financial Debt by Household Types", The Journal of the Korean Economy, Vol. 31, No. 1, pp.97-124, 2013.
  18. D. H. Kim and M. H. Kim, "Design of Mixed Reality based Convergence Edutainment System using Cloud Service", Journal of the Korea Convergence Society, Vol. 6, No. 3, pp. 103-109, 2015.
  19. Y. G. Kim and H. J. Lee, "A study on undergraduate students' self-growth experiences in a counseling skills training course", Journal of the Korea Convergence Society, Vol. 6, No. 5, pp. 315-328, 2015. https://doi.org/10.15207/JKCS.2015.6.5.315
  20. http://www.hankyung.com. 2015.11.22
  21. http://www.chosun.com. 2016.01.26
  22. J. Lee, "The Speed and Trajectory of Household Debt in South Korea", http://www.frbsf.org. 2015.09.11
  23. http://www.wikitree.co.kr. 2015.02.23