Who borrows and who may not repay?

摘要

In this paper writers use Household Budget Survey data to analyze the evolution of the household credit market in the Czech Republic over the period 2000–2008. They next merge our data with the Statistics on Income and Living Conditions in 2005–2008, which contain direct information on repayment behavior, in order to test the validity of the standard debt burden measure as a predictor of default.