CREDIT TO HOUSEHOLDS. WHAT IMPACTS THE GROWTH IN SLOVAKIA?

• Authors: Vokorokosová Renáta , František Peller
• Languages of publication: EN

Abstracts

EN

Financial institutions have a special role in the economy. Monetary financial institutions take part on realizing monetary policy and provide economic subjects with necessary finances. Majority of credits are granted to households from banking institutions. Therefore the objective of this paper is to identify determinants of household credits in Slovakia. The credits to households are positively influenced by disposable income and negatively by unemployment rate, real interest rate and earnings from property.

Keywords

EN

FINANCIAL INSTITUTIONS; BANKS; HOUSEHOLD CREDIT; UNEMPLOYMENT; INTEREST RATE; SLOVAKIA

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2013
• Volume: 61
• Issue: 3
• Pages: 223 – 234

Contributors

author

Vokorokosová Renáta

• Technická univerzita v Košice, Ekonomická fakulta, Katedra bankovníctva a investícií, B. Němcovej 32, 040 01 Košice, Slovak Republic

author

František Peller