Swedish Household Debt: Macroeconomic determinants of the household debt-to-income ratio
| dc.contributor.author | Lundbäck, Fabian | |
| dc.contributor.author | Martinsson, Johan | |
| dc.contributor.department | University of Gothenburg/Graduate School | eng |
| dc.contributor.department | Göteborgs universitet/Graduate School | swe |
| dc.date.accessioned | 2016-09-09T11:53:51Z | |
| dc.date.available | 2016-09-09T11:53:51Z | |
| dc.date.issued | 2016-09-09 | |
| dc.description | MSc in Economics | sv |
| dc.description.abstract | This paper describes how the rise in Swedish households’ debt-to-income ratio (DTIR) over the last 30 years can be explained based on macroeconomic implications. In particular, cointegrating relations are analysed based on a specified vector autoregressive (VAR) model, due to spurious estimations from the general OLS-regression. The results explain both a long run relation as well as a short run. In the long run analysis the increase in DTIR is caused by an increase in house prices and a decrease in consumers’ confidence and unemployment rate. In the short run model, comparatively, only consumers’ confidence is shown to have a significant impact on the DTIR. | sv |
| dc.identifier.uri | http://hdl.handle.net/2077/46763 | |
| dc.language.iso | eng | sv |
| dc.relation.ispartofseries | Master Degree Project | sv |
| dc.relation.ispartofseries | 2016:117 | sv |
| dc.setspec.uppsok | SocialBehaviourLaw | |
| dc.subject | Household debt-to-income | sv |
| dc.subject | Life-cycle/permanent income hypothesis | sv |
| dc.subject | Cointegration | sv |
| dc.subject | Vector autoregressive model | sv |
| dc.subject | Error correction model | sv |
| dc.title | Swedish Household Debt: Macroeconomic determinants of the household debt-to-income ratio | sv |
| dc.type | Text | |
| dc.type.degree | Master 2-years | |
| dc.type.uppsok | H2 |