HOUSEHOLD DEBT AND INTEREST RATES: A CASE STUDY OF SOUTH AFRICA
South African households have increased their debt uptake, even during periods when the cost of credit has increased, which runs counter to theory. The purpose of the study is to determine both households’ borrowing reactions to interest rates and the impact of credit demand on interest rates in Sou...
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Main Authors: | Kgomotso Molefe, Ashley Mutezo |
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Format: | Article |
Language: | English |
Published: |
University of Banja Luka, Faculty of Economics
2024-12-01
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Series: | Acta Economica |
Subjects: | |
Online Access: | https://www.ae.ef.unibl.org/index.php/ae/article/view/497 |
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