Consumer Credits in the Czech Republic in the Context of Economic Development
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25840886%3A_____%2F19%3AN0000028" target="_blank" >RIV/25840886:_____/19:N0000028 - isvavai.cz</a>
Výsledek na webu
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DOI - Digital Object Identifier
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Consumer Credits in the Czech Republic in the Context of Economic Development
Popis výsledku v původním jazyce
The aim of this paper is to find out consequences between economic development (mainly real GDP growth) and the development of consumer loans provided by Financial Monetary Institutions (MFIs) and Financial Corporations Engaged in Lending (FCLs). In line with the aim, it is desirable to verify the hypothesis of the intertemporal approach to consumer credit in the case of the both consumer credit providers. The main methods are historical-logical and logical methods of induction, deduction and analysis, trend analysis and quantitative method using Pearson's correlation coefficient. The conclusions of the work point to the increasing indebtedness in the Czech Republic. In particular, the share of mortgage loans is growing at the expense of consumer credit. Consumers also prefer loans granted by MFIs. The intertemporal approach has not been confirmed: In some cases, the volume of loans is increasing at the time of economic expansion (and vice versa). The results of the correlation of GDP growth rate with consumer credit provided by MFIs show that consumer credit is growing faster than GDP. Correlation between consumer credit provided by FCLs and GDP growth rate is not significant.
Název v anglickém jazyce
Consumer Credits in the Czech Republic in the Context of Economic Development
Popis výsledku anglicky
The aim of this paper is to find out consequences between economic development (mainly real GDP growth) and the development of consumer loans provided by Financial Monetary Institutions (MFIs) and Financial Corporations Engaged in Lending (FCLs). In line with the aim, it is desirable to verify the hypothesis of the intertemporal approach to consumer credit in the case of the both consumer credit providers. The main methods are historical-logical and logical methods of induction, deduction and analysis, trend analysis and quantitative method using Pearson's correlation coefficient. The conclusions of the work point to the increasing indebtedness in the Czech Republic. In particular, the share of mortgage loans is growing at the expense of consumer credit. Consumers also prefer loans granted by MFIs. The intertemporal approach has not been confirmed: In some cases, the volume of loans is increasing at the time of economic expansion (and vice versa). The results of the correlation of GDP growth rate with consumer credit provided by MFIs show that consumer credit is growing faster than GDP. Correlation between consumer credit provided by FCLs and GDP growth rate is not significant.
Klasifikace
Druh
D - Stať ve sborníku
CEP obor
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OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
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Návaznosti
N - Vyzkumna aktivita podporovana z neverejnych zdroju
Ostatní
Rok uplatnění
2019
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název statě ve sborníku
Proceedings of the International Scientific Conference ECONOMIC AND SOCIAL POLICY: Economic and Social Challenges for European Economy
ISBN
978-80-87291-25-2
ISSN
2571-1776
e-ISSN
2694-796X
Počet stran výsledku
10
Strana od-do
429-430
Název nakladatele
Vysoká škola PRIGO, z.ú.
Místo vydání
Ostrava
Místo konání akce
Čeladná
Datum konání akce
1. 1. 2019
Typ akce podle státní příslušnosti
EUR - Evropská akce
Kód UT WoS článku
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