PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
Czasopismo
2014 | nr 2 | 79--104
Tytuł artykułu

Patterns of Debt Possession Among Households in Poland - a Multi-Group Latent Class Approach

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
In this paper, we evaluated patterns of debt possession among households in Poland by applying multi-group latent class models (MGLCM). Households' debt was investigated from the perspective of value, motive and source. MGLCM were used to conduct a segmentation of households with respect to debt possession and to determine the factors that influence segment membership. With data from the Social Diagnosis Survey, we checked whether the number of segments at the five selected measurement occasions (2003, 2005, 2007, 2009 and 2011) was constant, and the segments were of equal meaning. The results advocated for (1) segmentation with 10 distinct groups of households in each of the periods and (2) equal meaning of groups at all measurement occasions. Inclusion of households' socio-economic characteristics improved the overall model fit and enabled decomposition of the total change in the pattern of debt possession between 2003 and 2011. The total effect was decomposed into effects associated with the transition of the Polish credit market and changes in the characteristics of households. (original abstract)
Czasopismo
Rocznik
Numer
Strony
79--104
Opis fizyczny
Twórcy
  • Warsaw School of Economics, Poland; University of Milan, Italy
Bibliografia
  • Białowolski, P., Czapiński J., Grabowska I., Kotowska I.E., Panek T., Strzelecki P., Węziak- -Białowolska D. (2011), Household living conditions Social diagnosis 2011. Objective and subjective quality of life in Poland, Contemporary Economics (special issue), 5(3), 50-112.
  • Białowolski P., Dudek S. (2007), Growth potential of the Polish household credit market in the light of real convergence of the Polish economy, Wydawnictwo Uniwersytetu Gdańskiego, Gdańsk.
  • Bijmolt T.H., Paas L.J., Vermunt J.K. (2004), Country and consumer segmentation: multi-level latent class analysis of financial product ownership, International Journal of Research in Marketing, 21(4), 323-340, doi:10.1016/j.ijresmar.2004.06.002.
  • Czapiński J., Panek T. (2011), Social diagnosis, www.diagnoza.com.
  • Gunnarsson J., Wahlund R. (1997), Household financial strategies in Sweden: an exploratory study, Journal of Economic Psychology, 18(2-3), 201-233, doi:10.1016/S0167-4870(97)00005-6.
  • Kamleitner B., Kirchler E. (2007), Consumer credit use: a process model and literature review, Revue Européenne de Psychologie Appliquée/European Review of Applied Psychology, 57(4), 267-283, doi:10.1016/j.erap.2006.09.003.
  • Kankaraš M., Moors G., Vermunt J.K. (2011), Testing for measurement invariance with latent class analysis, in: E. Davidov, P. Schmidt, J. Billiet (eds.), Cross-cultural analysis: methods and applications, Routledge, New York.
  • Kirchler E., Hoelzl E., Kamleitner B. (2008), Spending and credit use in the private household, The Journal of Socio-Economics, 37(2), 519-532, doi:10.1016/j.socec.2006.12.038.
  • Lukočienė O., Varriale R., Vermunt J.K. (2010), The simultaneous decision(s) about the number of lower- and higher-level classes in multilevel latent class analysis, Sociological Methodology, 40(1), 247-283, doi:10.1111/j.1467-9531.2010.01231.x.
  • McCutcheon A.L. (2002), Basic concepts and procedures in single and multiple-group latent class analysis, in: J.A. Hagenaars, A.L. McCutcheon (eds.), Applied latent class analysis, Cambridge University Press, New York.
  • Muthen B.O. (2004), Mplus technical appendices, Muthen&Muthen, Los Angeles.
  • Muthen B.O., Shedden K., Spisic D. (1999), General latent variable mixture modelling. Technical report, unpublished manuscript.
  • Paas L.J., Bijmolt T.H., Vermunt J.K. (2007), Acquisition patterns of financial products: A longitudinal investigation, Journal of Economic Psychology, 28(2), 229-241, doi:10.1016/j.joep.2006.06.006.
  • Pyykko E. (2011), Trends in European household credit. Solid or shaky ground for regulatory changes? ECRI Commentary, 7, Centre for European Policy Studies, Brussels.
  • Rytelewska G., Huszczonek E. (2004), Zmiany w popycie na kredyt gospodarstw domowych, Materiały i Studia NBP, 172, Narodowy Bank Polski, Warszawa.
  • Vermunt J.K. (2008), Multilevel latent variable modeling : an application in education testing, Austrian Journal of Statistics, 37(3-4), 285-299.
  • Vermunt J.K., Magidson J. (2002), Latent class cluster analysis, in: J.A. Hagenaars, A.L. McCutcheon (eds.), Applied latent class analysis, Cambridge University Press.
  • Viaud J., Roland-Levy C. (2000), A positional and representational analysis of consumption. Households when facing debt and credit, Journal of Economic Psychology, 21(4), 411-432, doi:10.1016/S0167- 4870(00)00011-8.
  • Walesiak M., Gatnar E., eds. (2009), Statystyczna analiza danych z wykorzystaniem programu R, Wydawnictwo Naukowe PWN, Warszawa.
  • Wałęga G. (2010), Determinanty zadłużenia gospodarstw domowych w Polsce w świetle wybranych teorii konsumpcji, in: Z. Dach (ed.), Otoczenie ekonomiczne a zachowania podmiotów rynkowych, Polskie Towarzystwo Ekonomiczne, Kraków.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171274189

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.