Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey

There is considerable public concern about the level of household indebtedness in Georgia. The new regulation expected to come into force on November 1, 2018 addresses this concern by enforcing the responsible credit framework targeting commercial...

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Main Authors:	Nozaki, Natsuko Kiso, Fuchs Tarlovsky, Alan, Cancho, Cesar A.
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2019
Subjects:	HOUSEHOLD WELFARE POVERTY INDEBTEDNESS CONSUMPTION PRICE ELASTICITY OF DEMAND CREDIT CONSTRAINTS
Online Access:	http://documents.worldbank.org/curated/en/314911559679097167/Georgia-indebtedness-poverty-note-analysis-based-on-integrated-household-survey http://hdl.handle.net/10986/31831

id	okr-10986-31831
recordtype	oai_dc
spelling	okr-10986-318312021-05-25T09:24:40Z Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey Nozaki, Natsuko Kiso Fuchs Tarlovsky, Alan Cancho, Cesar A. HOUSEHOLD WELFARE POVERTY INDEBTEDNESS CONSUMPTION PRICE ELASTICITY OF DEMAND CREDIT CONSTRAINTS There is considerable public concern about the level of household indebtedness in Georgia. The new regulation expected to come into force on November 1, 2018 addresses this concern by enforcing the responsible credit framework targeting commercial banks. The objective of this note is twofold. First, the note presents micro-level evidence using the nationally representative household survey to understand households’ borrowing patterns with supporting evidence from perceptions surveys. Second, the note examines plausible causal effects of over-indebtedness on household’s welfare. This paper is structured as follows. Section 2 provides macroeconomic indicators and findings from perception survey as the background evidence. Section 3 illustrates the prevalence of borrowing among the households and identifies type of households that borrow from different sources. Section 4 shows results from the causal impact analysis of bank loans on household welfare. Section 5 concludes with directions for future research. 2019-06-11T20:37:36Z 2019-06-11T20:37:36Z 2018-11-05 Report http://documents.worldbank.org/curated/en/314911559679097167/Georgia-indebtedness-poverty-note-analysis-based-on-integrated-household-survey http://hdl.handle.net/10986/31831 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Poverty Study Europe and Central Asia Georgia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	HOUSEHOLD WELFARE POVERTY INDEBTEDNESS CONSUMPTION PRICE ELASTICITY OF DEMAND CREDIT CONSTRAINTS
spellingShingle	HOUSEHOLD WELFARE POVERTY INDEBTEDNESS CONSUMPTION PRICE ELASTICITY OF DEMAND CREDIT CONSTRAINTS Nozaki, Natsuko Kiso Fuchs Tarlovsky, Alan Cancho, Cesar A. Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
geographic_facet	Europe and Central Asia Georgia
description	There is considerable public concern about the level of household indebtedness in Georgia. The new regulation expected to come into force on November 1, 2018 addresses this concern by enforcing the responsible credit framework targeting commercial banks. The objective of this note is twofold. First, the note presents micro-level evidence using the nationally representative household survey to understand households’ borrowing patterns with supporting evidence from perceptions surveys. Second, the note examines plausible causal effects of over-indebtedness on household’s welfare. This paper is structured as follows. Section 2 provides macroeconomic indicators and findings from perception survey as the background evidence. Section 3 illustrates the prevalence of borrowing among the households and identifies type of households that borrow from different sources. Section 4 shows results from the causal impact analysis of bank loans on household welfare. Section 5 concludes with directions for future research.
format	Report
author	Nozaki, Natsuko Kiso Fuchs Tarlovsky, Alan Cancho, Cesar A.
author_facet	Nozaki, Natsuko Kiso Fuchs Tarlovsky, Alan Cancho, Cesar A.
author_sort	Nozaki, Natsuko Kiso
title	Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
title_short	Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
title_full	Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
title_fullStr	Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
title_full_unstemmed	Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey
title_sort	georgia indebtedness poverty note : analysis based on integrated household survey
publisher	World Bank, Washington, DC
publishDate	2019
url	http://documents.worldbank.org/curated/en/314911559679097167/Georgia-indebtedness-poverty-note-analysis-based-on-integrated-household-survey http://hdl.handle.net/10986/31831
_version_	1764475180682313728

Georgia Indebtedness Poverty Note : Analysis Based on Integrated Household Survey

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