How Long to Read Assessing Macro-Financial Risks of Household Debt in China

How Long Does it Take to Read Assessing Macro-Financial Risks of Household Debt in China?

It takes the average reader and 25 minutes to read Assessing Macro-Financial Risks of Household Debt in China by Mr.Fei Han

Assuming a reading speed of 250 words per minute. Learn more

Description

High household indebtedness could constrain future consumption growth and increase financial stability risks. This paper uses household survey data to analyze both macroeconomic and finanical stability risks from the rapidly rising household debt in China. We find that rising household indebtedness could boost consumption in the short term, while reducing it in the medium-to-long term. By stress testing households’ debt repayment capacity, we find that low-income households are most vulnerable to adverse income shocks which could lead to signficant defaults. Containing these risks would call for a strengthening of systemic risk assessment and macroprudential policies of the household sector. Other policies include improving the credit registry system and establishing a well-functioning personal insolvency framework.

How long is Assessing Macro-Financial Risks of Household Debt in China?

Assessing Macro-Financial Risks of Household Debt in China by Mr.Fei Han is 25 pages long, and a total of 6,375 words.

This makes it 8% the length of the average book. It also has 8% more words than the average book.

How Long Does it Take to Read Assessing Macro-Financial Risks of Household Debt in China Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 34 minutes to read Assessing Macro-Financial Risks of Household Debt in China aloud.

What Reading Level is Assessing Macro-Financial Risks of Household Debt in China?

Assessing Macro-Financial Risks of Household Debt in China is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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