Classification of European Union Countries According to a Household Debt Level and Structure
Abstract
In the article were shown the results of cross-sectional and dynamic analysis of diversification of the level and structure of household debt and the problems with its repayment in the EU countries over the period 2005-2009. In the article the multidimen-sional methods of data analysis (cluster analysis - k-means method) which enabled to classify the households in the EU according to the characteristics that were used describe its debt. Moreover, in order to determine the quantitative relationships between the level of household debt, and between the frequency of occurring the problem with debt repayment, the tools of correlation and regression analysis were used.
Keywords
Households; Household debt
References
Consultation Paper on personal debt management and debt enforcement. 2009. Law Reform Commision.
Fondeville N., Ozdemir E., Ward T., 2010. Over-indebtness. New evidence from EU-SILC, special module. European Commission, research note 4.
Gumy J., 2007. Explaining Overindebtedness in the European Union. Paper prepared for the BHPS 2007 Conference Colchester, 5th-7th July 2007, United Kingdom.
Lilico A., 2010. Household indebtness in the EU. European Parliament. www.europa.eu [dostęp: 15.05.2010].
Niemi-Kiesiläinen J., Henrikson A., 2005. Report on legal solutions to debt problems in credit societies. Department of Law, Umeå University, Sweden.
Poczta-Wajda P., 2010. Nowoczesne techniki analityczne w kształceniu na studiach ekonomicznych. Wyd. UE, Poznań.
Stanisz A., 2007. Przystępny kurs statystyki z zastosowaniem STATISTICA PL na przykładach z medycyny. T.3. Analizy wielowymiarowe. StatSoft, Kraków.
Uniwersytet Przyrodniczy w Poznaniu Poland
Uniwersytet Przyrodniczy w Poznaniu Poland
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
This journal permits and encourages authors to post items submitted to the journal on personal websites or institutional repositories both prior to and after publication, while providing bibliographic details that credit, if applicable, its publication in this journal.
Most read articles by the same author(s)
- Zbigniew Gołaś, Magdalena Kozera, Selected Aspects of Market Adaptations of the Pig Sector in Poland , Journal of Agribusiness and Rural Development: Vol 9 No 3 (2008)
- Grażyna Adamczyk, Paulina Anioła, Wawrzyniec Czubak, Preferences of Young People on the Milk Market , Journal of Agribusiness and Rural Development: Vol 14 No 4 (2009)
- Zbigniew Gołaś, Anna Witczyk, Analysis of Enterprise Financial Liquidity on the Example of the Confectioner's Trade , Journal of Agribusiness and Rural Development: Vol 14 No 4 (2009)
- Anna Bieniasz, Zbigniew Gołaś, The Substance and Diversification of the Financial Liquidity of Farms , Journal of Agribusiness and Rural Development: Vol 5 No 377 (2006): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia
- Zbigniew Gołaś, Anna Bieniasz, Financial Consequences of Differentiation of Strategy of Financial Liquidity in Agricultural Farms , Journal of Agribusiness and Rural Development: Vol 5 No 377 (2006): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia
- Zbigniew Gołaś, Anna Bieniasz, Strategies of Financial Liquidity of Individual Agricultural Farms , Journal of Agribusiness and Rural Development: Vol 5 No 377 (2006): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia
- Zbigniew Gołaś, Magdalena Kozera, Economic and Social Conditions for Changes in Income Structure of Individual Farms , Journal of Agribusiness and Rural Development: Vol 2 No 358 (2003): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia
- Zbigniew Gołaś, Magdalena Kozera, Technical, Economical and Social Conditions for Diversification of Labour Productivity in Family Farms , Journal of Agribusiness and Rural Development: Vol 2 No 358 (2003): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia
- Magdalena Kozera, Zbigniew Gołaś, The State Intervention at the Cereal Market in Poland , Journal of Agribusiness and Rural Development: Vol 2 No 358 (2003): Roczniki Akademii Rolniczej w Poznaniu - Seria Ekonomia