Oxford Bulletin of Economics and Statistics (2022)
Matsuoka Hideaki
By Madeira Carlos
Economía Chilena (2015)
Using the Chilean Household Finance Survey (EFH) we study how much of the unsecured debt in Chile is explained by motives of: 1) higher consumption, 2) acquisition of durables goods and investment, 3) paying previous loans, and 4) health reasons. We find that paying previous loans and health reasons is correlated with higher rates of loan delinquency. Furthermore, the motives of higher consumption and paying previous loans are associated with households of lower income and higher risk of unemployment.
Madeira C. (2015) Motivaciones del Endeudamiento en las Familias Chilenas. Economía Chilena, 18(1), 90-106.