Acta academica karviniensia 2013, 13(3):44-55 | DOI: 10.25142/aak.2013.041

INDEBTEDNESS OF CZECH HOUSEHOLDS

Liběna Černohorská1, Veronika Linhartová2
1 Univerzita Pardubice, Fakulta ekonomicko-správní, Studentská 95, 532 10 Pardubice 2, Email: libena.cernohorska@upce.cz
2 Univerzita Pardubice, Fakulta ekonomicko-správní, Studentská 95, 532 10 Pardubice 2, Email: veronika.linhartova@upce.cz

Continuously growing indebtedness of Czech households is a trend of recent years. Even though the pace of the growth of credits provided to households is not currently reaching such high values as it did in previous years, still household indebtedness is growing every year and the volume of credits granted by banks exceed one billion of Czech crowns at the moment. This paper focuses on the development of the indebtedness of Czech households, its current status and the predicted future development. This topic will be analysed not only on the general level but also from the viewpoint of income and age. The aim of this paper is to analyse the development of Czech household debt at banking institutions, including a prediction of future development. The analysis will be performed using cluster analysis, which occurs in the evaluation of total household indebtedness and to the analysis of household indebtedness according to their income and age structure of the respondents.

Keywords: bank credits, bank deposits, household, indebtedness, savings
JEL classification: D13, D14, G21

Received: June 19, 2012; Accepted: June 19, 2013; Published: September 30, 2013  Show citation

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Černohorská L, Linhartová V. INDEBTEDNESS OF CZECH HOUSEHOLDS. Acta academica karviniensia. 2013;13(3):44-55. doi: 10.25142/aak.2013.041.
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