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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Bibliographic Details
Main Authors: Kgomotso Molefe, Ashley Mutezo
Format: Article
Language:English
Published: University of Banja Luka, Faculty of Economics 2024-12-01
Series:Acta Economica
Subjects:
Online Access:https://www.ae.ef.unibl.org/index.php/ae/article/view/497
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