Un análisis del endeudamiento de los hogares

Citation data:

Banco de la Republica de Colombia, Temas de Estabilidad Financiera, No: 061

Publication Year:
2011
Usage 725
Abstract Views 529
Downloads 196
Citations 6
Citation Indexes 6
Repository URL:
http://repositorio.banrep.gov.co/handle/20.500.12134/2050
RePec URLs:
https://ideas.repec.org/p/bdr/temest/061.html; https://ideas.repec.org/p/bdr/temest/61.html
Author(s):
Gutiérrez-Rueda, Javier; Estrada, Dairo Ayiber; Capera-Romero, Laura
Publisher(s):
Banco de la República de Colombia
Tags:
Carga financiera de los hogares; Sobreendeudamiento de los hogares; Probabilidad de incumplimiento; C25 - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities; D12 - Consumer Economics: Empirical Analysis; Household Financial burden; Household indebtedness; Probability of default; Economía doméstica -- Colombia -- 1994-2010; Riesgo crediticio -- Colombia -- 1994-2010; Hogares -- Aspectos económicos -- Colombia -- 1994-2010; Consumo (Economía) -- Colombia -- 1994-2010; C25 - Modelos de regresión discreta y elección cuantitativa; Regresores discretos; Proporciones; Probabilidad; D12 - Economía del consumidor: análisis empíricos; Carga financiera de los hogares; sobreendeudamiento de los hogares; probabilidad de incumplimiento.
paper description
In this paper we analyze the debt conditions and the determinants of the probability of default of Colombian Households using information of the Household Financial Burden and Education Survey (Iefic). For this matter we build three indicators to analyze household’s debt service, financial burden, and indebtedness. Moreover, we estimate two probability models to identify the determinants of household credit risk and indebtedness. The results show that the main determinants of the probability of default are income, age, financial burden and employment.