Citlivost českých domácností na úrokový a příjmový šok. Aplikace na mikroúdajích
| Autor: | PhDr. Michal Hlaváček Ph.D., Kamil Galuščák PhDr. Simona Malovaná Ph.D., Kamil Galuščák |
|---|---|
| Typ: | Články v impaktovaných časopisech |
| Rok: | 2018 |
| Číslo: | 66 |
| ISSN / ISBN: | |
| Publikováno v: | Politická ekonomie, 66(5) |
| Místo vydání: | |
| Klíčová slova: | financial surplus, household indebtedness, microdata, stress testing, DSTI calibration |
| JEL kódy: | D12, D31, E17 |
| Citace: | |
| Abstrakt: | We present a set of practical applications of the household sector stress testing approach used at the Czech National Bank. The aim is to test households’ ability to repay their loans in the event of extremely adverse economic developments. Besides this, the methodology of household sector stress test has so far been used for two other purposes: (i) to construct a simple reverse stress test and explore the sensitivity of Czech households to a rise in loan interest rates and a decline in income, and (ii) to provide some supportive evidence for the calibration of debt service-to-income limits. |
