IDEAS home Printed from https://ideas.repec.org/p/bku/doctra/2017011.html
   My bibliography  Save this paper

Factores determinantes de la probabilidad de no pago de deuda de los hogares uruguayos

Author

Listed:
  • María Victoria Landaberry

    (Banco Central del Uruguay)

Abstract

This paper estimates models on the default probability of households in Uruguay in the nonmortgage credit and credit card segment considering sociodemographic and financial characteristics using data obtained from the second edition of the Household Financial Survey and the Continuous Household Survey. Household income, the relation between income and expenditure, and the age of the household head are significant for explaining default probability in all the segments, while the education of the household head is only relevant for the nonmortgage credit segment. Furthermore, we analyze the impact on household debt default by the obligation to pay salaries through electronic media introduced by the Financial Inclusion

Suggested Citation

  • María Victoria Landaberry, 2017. "Factores determinantes de la probabilidad de no pago de deuda de los hogares uruguayos," Documentos de trabajo 2017011, Banco Central del Uruguay.
    • Handle: RePEc:bku:doctra:2017011
    as

    Download full text from publisher

    File URL: https://www.bcu.gub.uy/Estadisticas-e-Indicadores/Documentos%20de%20Trabajo/11.2017.pdf
    File Function: First version, 2017
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Christopher F Baum, 2006. "An Introduction to Modern Econometrics using Stata," Stata Press books, StataCorp LP, number imeus.
    2. Rodrigo Alfaro & Natalia Gallardo & Roberto Stein, 2010. "The Determinants of Household Debt Defa," Working Papers Central Bank of Chile 574, Central Bank of Chile.
    3. Ana María Iregui-Bohórquez & Ligia Alba Melo-Becerra & María Teresa Ramírez-Giraldo & Ana María Tribín-Uribe, 2016. "Determinantes del acceso al crédito formal e informal: Evidencia de los hogares de ingresos medios y bajos en Colombia," Borradores de Economia 956, Banco de la Republica de Colombia.
    4. Jaime Ruiz-Tagle & Francis Vella, 2010. "Borrowing Constraints and Credit Demand," Working Papers Central Bank of Chile 578, Central Bank of Chile.
    5. Sónia Costa, 2012. "Households’ Default Probability: An Analysis Based on the Results of the HFCS," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    6. Helena Marrez & Mathias Schmit, 2009. "Credit risk analysis in microcredit: How does gender matter?," Working Papers CEB 09-053.RS, ULB -- Universite Libre de Bruxelles.
    7. Özlem Özdemir & Levent Boran, 2004. "An Empirical Investigation on Consumer Credit Default Risk," Working Papers 2004/20, Turkish Economic Association.
    8. Van de Ven, Wynand P. M. M. & Van Praag, Bernard M. S., 1981. "The demand for deductibles in private health insurance : A probit model with sample selection," Journal of Econometrics, Elsevier, vol. 17(2), pages 229-252, November.
    9. Miguel Mello & Jorge Ponce, 2014. "The determinants Uruguayan households' indebtedness," Documentos de trabajo 2014010, Banco Central del Uruguay.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Laura Muriel Cuccaro & Máximo Sangiácomo & Lucía Tumini & Ariel Wilkis, 2023. "Does the Argentine financial system reduce or amplify the labor market’s gender gap?," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(82), pages 52-76, November.
    2. María Victoria Landaberry, 2018. "Restricción de crédito y probabilidad de no pago de los hogares uruguayos," Documentos de trabajo 2018001, Banco Central del Uruguay.
    3. María Victoria Landaberry, 2018. "Sensibilidad de la deuda de los hogares uruguayos ante un choque en el ingreso," Documentos de trabajo 2018002, Banco Central del Uruguay.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. María Victoria Landaberry, 2018. "Determinants of Households’ Default Probability in Uruguay," Investigación Conjunta-Joint Research, in: María José Roa García & Diana Mejía (ed.), Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean, edition 1, volume 1, chapter 14, pages 463-506, Centro de Estudios Monetarios Latinoamericanos, CEMLA.
    2. María José Roa García & Diana Mejía (ed.), 2018. "Financial Decisions of Households and Financial Inclusion: Evidence for Latin America and the Caribbean," Investigación Conjunta-Joint Research, Centro de Estudios Monetarios Latinoamericanos, CEMLA, edition 1, volume 1, number 7en, December.
    3. María Victoria Landaberry, 2018. "Restricción de crédito y probabilidad de no pago de los hogares uruguayos," Documentos de trabajo 2018001, Banco Central del Uruguay.
    4. Carlos Madeira, 2019. "Computing population weights for the EFH survey," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 22(1), pages 004-026, April.
    5. Mascia, Danilo V., 2018. "Young Enterprises and Bank Credit Denials," ADBI Working Papers 844, Asian Development Bank Institute.
    6. George Saridakis & Sukanya Sen‐Gupta & Paul Edwards & David J. Storey, 2008. "The Impact of Enterprise Size on Employment Tribunal Incidence and Outcomes: Evidence from Britain," British Journal of Industrial Relations, London School of Economics, vol. 46(3), pages 469-499, September.
    7. Luisa Corrado & Andrea Fazio & Alessandra Pelloni, 2020. "Pro-environmental attitudes, local environmental conditions and recycling behavior," Working Paper series 20-21, Rimini Centre for Economic Analysis, revised Nov 2021.
    8. Jaime Ruiz-Tagle & Leidy García & Álvaro Miranda, 2013. "Proceso de Endeudamiento y Sobre Endeudamiento de los Hogares en Chile," Working Papers Central Bank of Chile 703, Central Bank of Chile.
    9. Soomi Lee, 2019. "Political Economy of the Parcel Tax in California School Districts," Public Finance Review, , vol. 47(5), pages 864-892, September.
    10. Ana María Iregui-Bohórquez & Ligia Alba Melo-Becerra & María Teresa Ramírez-Giraldo & Ana María Tribín-Uribe, 2018. "Crédito formal e informal de los hogares en Colombia," Investigación Conjunta-Joint Research, in: María José Roa García & Diana Mejía (ed.), Decisiones financieras de los hogares e inclusión financiera: evidencia para América Latina y el Caribe, edition 1, volume 1, chapter 5, pages 133-166, Centro de Estudios Monetarios Latinoamericanos, CEMLA.
    11. Inge Noback & Lourens Broersma & Jouke van Dijk, 2011. "Gender-specific dynamics in working hours," ERSA conference papers ersa11p1308, European Regional Science Association.
    12. Charlie Karlsson & Martin Andersson & Therese Norman (ed.), 2015. "Handbook of Research Methods and Applications in Economic Geography," Books, Edward Elgar Publishing, number 14395.
    13. Ivlevs Artjoms & Hinks Timothy, 2015. "Bribing Behaviour and Sample Selection: Evidence from Post-Socialist Countries and Western Europe," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 235(2), pages 139-167, April.
    14. Danilo V. Mascia, 2018. "Young Enterprises and Bank Credit Denials," Working Papers id:12814, eSocialSciences.
    15. Laura Muriel Cuccaro & Máximo Sangiácomo & Lucía Tumini & Ariel Wilkis, 2023. "Does the Argentine financial system reduce or amplify the labor market’s gender gap?," Ensayos Económicos, Central Bank of Argentina, Economic Research Department, vol. 1(82), pages 52-76, November.
    16. repec:elg:eechap:14395_28 is not listed on IDEAS
    17. Torsten Lietzmann, 2017. "The Contribution of Mothers’ Employment on Their Family's Chances of Ending Welfare Benefit Receipt in Germany. Analysis of a Two-Stage Process," Sociological Research Online, , vol. 22(2), pages 142-162, May.
    18. Giuseppe Croce & Emanuela Ghignoni, 2011. "Overeducation and spatial flexibility in Italian local labour markets," Working Papers in Public Economics 145, Department of Economics and Law, Sapienza University of Roma.
    19. Fossen, Frank M. & König, Johannes, 2015. "Public health insurance and entry into self-employment," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112934, Verein für Socialpolitik / German Economic Association.
    20. Osei-Tutu, Francis & Weill, Laurent, 2023. "Individualism reduces borrower discouragement," Journal of Economic Behavior & Organization, Elsevier, vol. 211(C), pages 370-385.
    21. Huy Quang Doan, 2019. "Trade, Institutional Quality and Income: Empirical Evidence for Sub-Saharan Africa," Economies, MDPI, vol. 7(2), pages 1-23, May.

    More about this item

    Keywords

    financial stability; Uruguay; financial survey; indebtedness;
    All these keywords.

    JEL classification:

    • G19 - Financial Economics - - General Financial Markets - - - Other
    • G01 - Financial Economics - - General - - - Financial Crises
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bku:doctra:2017011. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Biblioteca Especializada (email available below). General contact details of provider: https://edirc.repec.org/data/bcugvuy.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.