PL EN


2007 | 54 | 12 | 1041-1065
Article title

The role of the credit market in consumption and saving decisions of Hungarian households

Title variants
Languages of publication
HU
Abstracts
EN
Looking at data for almost forty years shows it as characteristic for consumption and housing investment to be strongly preferred over financial savings in long-term behaviour by Hungarian households, despite major changes in the institutional system. An important role in this is played by the credit supply. Households are also using credit possibilities to increase their consumer and housing expenditures. The strong credit supply has been coupled with a low financial savings rate. This is not unique among European countries, but it may lead to a riskier macroeconomic path.
Year
Volume
54
Issue
12
Pages
1041-1065
Physical description
Document type
ARTICLE
Contributors
  • Andras Bethlendi, no address given, contact the journal editor
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10HUAAAA078520
YADDA identifier
bwmeta1.element.9b6bf6a1-b2ba-37c3-b9b0-3eb0efcef07d
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