Household loan loss risk in Finland: estimations and simulations with micro data

Arbeitspapier

This discussion paper presents a microsimulation model of household distress. We use logit analysis to estimate the extent to which a household's risk of being financially distressed depends on net income after tax and loan servicing costs. The impact of assumed macroeconomic shocks on this net income concept is calculated at the household level. The microsimulation model is used to simulate both the number of distressed households and their aggregate debt in various macroeconomic scenarios. The simulations indicate that household credit risks to banks are relatively well contained.

Angaben zum Objekt

• ISBN: 978-952-462-355-1
• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Bank of Finland Research Discussion Papers ; No. 5/2007

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Household Saving; Personal Finance ; Banks; Depository Institutions; Micro Finance Institutions; Mortgages ; Money and Interest Rates: Forecasting and Simulation: Models and Applications ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Household Analysis: Other
• Thema: financial stability ; indebtedness ; micro simulations ; households

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Herrala, Risto ; Kauko, Karlo
• Ereignis: Veröffentlichung
• (wer): Bank of Finland
• (wo): Helsinki
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/212063
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ