MODELLING CREDITING VOLUME BY USING THE SYSTEM DYNAMIC METHOD

• Authors: Skriban Valerij
• Languages of publication: EN

Abstracts

EN

This paper describes a system dynamic model of credit burden, and it provides an estimation of credit volume. The elaborated model calculates and estimates household budget balance and budget forming flows: income and expenditures, loan and interest payments, increase in budget balance depending on the amount of the granted loan and the costs associated with the purchase of the loan object. The elaborated model can also be applied in analysis of the national economy and in entrepreneurship. The paper presents a method for determining the amount of the loan for purchasing a flat for a household. It also provides modeling results of Latvia's credit system and conclusions regarding its further development.

Keywords

EN

HOUSEHOLD BUDGET BALANCE; SYSTEM DYNAMIC MODEL OF CREDIT BURDEN

Discipline

• ECONOMICS: ECONOMICS

• Publisher: EPC Ltd (Economic Prognosis Centre), Riga, Latvia (till March 2009 - Institute of Economics, Latvian Academy of Sciences, Ltd)
• Journal: Humanities and Social Sciences: Latvia
• Year: 2008
• Issue: 4(57)
• Pages: 114-123
• Document type: ARTICLE

Contributors

author

Skriban Valerij

• Valerij Skriban, Faculty of Engineering Economics and Management, Riga Technical University, Meza iela 1/7, Riga, Latvija

Identifiers

CEJSH db identifier

09LVAAAA05756