Review of household debt and financial stability relationship concept

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Abstract

Concept of relationship between household debt and financial stability is reviewed in this article. First, financial stability concept is briefly introduced. Then relationship between indebtedness level and financial stability is discussed in general. And finally it is concentrated on describing how debt level of household sector is related with financial stability. Household debt has substantial impact on country’s financial stability. Excessive borrowing may cause serious systemic problems.
Original languageEnglish
Pages (from-to)64-71
JournalEuropean journal of contemporary economics and management (EJE)
Volume1
Issue number1
Publication statusPublished - 2014

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Keywords

  • Financial stability
  • Household debt
  • Systemic risk

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