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  • 标题:Household Debt and Financial Burden in Mexico
  • 本地全文:下载
  • 作者:Reyna Elizabeth Rodríguez Pérez ; David Castro Lugo ; Luis Sebastian Meneses Cruz
  • 期刊名称:Modern Economy
  • 印刷版ISSN:2152-7245
  • 电子版ISSN:2152-7261
  • 出版年度:2020
  • 卷号:11
  • 期号:11
  • 页码:1929-1949
  • DOI:10.4236/me.2020.1111129
  • 语种:English
  • 出版社:Scientific Research Publishing
  • 摘要:The objective of this work is to determine the debt index and identify the financial burden of households in Mexico for 2014 by using the data from ENIGH 2014. The hypothesis to be tested is that during the last few years, households in Mexico are accelerating their dependence on debt to satisfy their consumption and housing needs, which is added to disproportionate interest rates, considerably increases their financial burden, which in many cases slows down or leads to the bankruptcy of the economy of these households. The results indicate that households in the first three deciles are in unsustainable conditions and do not have the financial capacity to meet their expenses and debts, while households in the fourth, fifth and sixth deciles are at financial risk.
  • 关键词:Debt;Financial Burden;Households;Mexico
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