Ahmad Khan, Hafizah Hammad and Abdullah, Hussin and Samsudin, Shamzaeffa (2016) Modelling the determinants of Malaysian household debt. International Journal of Economics and Financial Issues, 6 (4). pp. 1468-1473. ISSN 2146-4138

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Abstract

This paper explores the determinants of household debt composition in Malaysia.By utilizing the bound test and auto regressive distributed lag modelling approach, findings of this study reveals that in the long run period, a change in income level, housing price and population would have a positive impact on mortgage debt while rise in interest rates and cost of living would exert a negative influence.In addition, findings of this study supported that the household uses the debt as a substitute for income to finance the rising consumption because of a higher living cost.Findings of this study could provide some guidance to policymakers in controlling the mounting debt level and help in realizing the nation economic goals.

Item Type:	Article
Uncontrolled Keywords:	Household Debt, Mortgage Debt, Consumer Debt, Bound Test, Auto-regressive Distributed Lag Modeling
Subjects:	H Social Sciences > HG Finance
Divisions:	School of Economics, Finance & Banking
Depositing User:	Dr. Hussin Abdullah
Date Deposited:	05 Jan 2017 01:17
Last Modified:	05 Jan 2017 01:17
URI:	https://repo.uum.edu.my/id/eprint/20552

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