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Risks of insolvency of households by regions

Author

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  • Yuri Danilov

    (Department of Economics, Lomonosov Moscow State University)

Abstract

The article presents the results of applied economic research to assess the current level of risk of insolvency of households. Were selected indicators that can be calculated at the regional level in order to identify the most problematic regions of Russian Federation in terms of the level of risk of insolvency of households, conducted clarifying the methods of calculation of these indicators. The results are meaningful commented. Identified areas with the highest risk of insolvency of households. It is concluded that in the coming years overdue household debt indicators can reach dangerous level, in terms of social and political stability. Calculation results for each region of Russian Federation are listed in an application.

Suggested Citation

  • Yuri Danilov, 2016. "Risks of insolvency of households by regions," Working Papers 0029, Moscow State University, Faculty of Economics.
    • Handle: RePEc:upa:wpaper:0029
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    File URL: https://www.econ.msu.ru/sys/raw.php?o=30412&p=attachment
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    More about this item

    Keywords

    insolvency of households; the risk of insolvency; bankruptcy of persons; insolvency indicators; credit debt; arrears; gross regional product; economic security;
    All these keywords.

    JEL classification:

    • R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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