Household Sector’s Financial Sustainability in South Africa
作者: Allexander Muzenda
刊名: Journal of Economics and Sustainable Development, 2015
来源数据库: International Institute of Science, Technology and Education
原始语种摘要: The aim of this study was to examine the financial behaviour of the South African’s household sector in respect of how households reacted to their aggregate debt position during the sample period 1990-2013. Following diagnostic evaluation of unit root and cointegration properties of the data series, a financial reaction function was estimated to analyse whether the households sector’s financial behaviour was sustainable during the period under review. A typical four-variable framework of the Vector Error Correction Model (VECM) was estimated in E-views. In conformity to the lifecycle model, the results provide evidence that households actually historically behaved in a financially sustainable manner over the period 1990-2013. Keywords : household, debt, saving, behaviour, sustainability,...
全文获取路径: 科学、技术和教育国际协会 

  • household 
  • sustainable 能保持一定速度的
  • financial 财政的
  • sector 
  • Africa 非洲
  • aggregate 集合体
  • wealth 财产
  • conformity 整合
  • income 收入
  • saving 节省