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Restricción de crédito y probabilidad de no pago de los hogares uruguayos

Author

Listed:
  • María Victoria Landaberry

    (Banco Central del Uruguay)

Abstract

This document identifies the households that face credit restrictions in Uruguay and analyzes the relationship that exists between the credit restriction of a household and its level of risk, measured as the unconditional probability of default of it non-mortgage debt. According to the results obtained, 76% of households report being in a situation of credit restriction. Additionally we find evidence that households with credit restrictions have, on average, a higher probability of not paying their nonmortgage debt than unrestricted households.

Suggested Citation

  • María Victoria Landaberry, 2018. "Restricción de crédito y probabilidad de no pago de los hogares uruguayos," Documentos de trabajo 2018001, Banco Central del Uruguay.
    • Handle: RePEc:bku:doctra:2018001
    as

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    File URL: https://www.bcu.gub.uy/Estadisticas-e-Indicadores/Documentos%20de%20Trabajo/1.2018.pdf
    File Function: First version, 2018
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    References listed on IDEAS

    as
    1. Julia Le Blanc & Alessandro Porpiglia & Federica Teppa & Junyi Zhu & Michael Ziegelmeyer, 2016. "Household Saving Behavior in the Euro Area," International Journal of Central Banking, International Journal of Central Banking, vol. 12(2), pages 15-69, June.
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    5. Miguel Mello & Jorge Ponce, 2014. "The determinants Uruguayan households' indebtedness," Documentos de trabajo 2014010, Banco Central del Uruguay.
    6. María Victoria Landaberry, 2018. "Factores determinantes de la probabilidad de no pago de deudas de los hogares uruguayos," 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 14, pages 483-528, Centro de Estudios Monetarios Latinoamericanos, CEMLA.
    Full references (including those not matched with items on IDEAS)

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    JEL classification:

    • G19 - Financial Economics - - General Financial Markets - - - Other
    • G01 - Financial Economics - - General - - - Financial Crises

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