韩国家庭债务风险:形成机制与影响  

Why is ROK’S Household Debt Risk so High

作　　者：朴英爱[1] 李美茹 孙弘远 Piao Ying’ai;Li Meiru;Sun Hongyuan

机构地区：[1]吉林大学东北亚研究中心 [2]吉林大学东北亚学院 [3]吉林大学商学与管理学院

出　　处：《韩国研究论丛》2022年第2期174-188,210,211,共17页Chinese Journal of Korean Studies

基　　金：国家社科基金一般项目“中国‘一带一路’与韩国‘朝鲜半岛新经济地图’‘新北方政策’战略对接研究”(项目编号:19BGJ049)的阶段性成果。

摘　　要：新冠疫情冲击下韩国家庭部门的高债务给宏观经济平稳运行带来巨大挑战。自2008年以来,韩国家庭债务规模持续扩大且增速快。从结构上看,年轻人和老年人的家庭债务增长快,高收入家庭债务多,低收入家庭偿债负担重。高债务伴随着高风险,韩国家庭债务风险也不断升高,这与经济增速放缓、失业率上升、利率上调以及房价高涨等具有较强相关性。2022年初韩国央行以遏制房地产过热为目标而提高基准利率,高风险借款人的债务偿还压力增大。韩国家庭债务在外部冲击下成为金融不稳定的重要来源之一,这对中国家庭债务问题具有警示意义。Under the impact of COVID-19,the high debt of the ROK’s household sector has posed a huge challenge to the smooth operation of the macro economy.Since 2008,ROK’s household debt has continued to expand and grow rapidly.Structurally,the household debts of the young and the elderly are growing faster,high-income households have more debt,and low-income households have heavier repayment burden.Because high debt comes with high risk,the risk of household debt in ROK is increasingly,which is strongly correlated with slower economic growth,higher unemployment,higher interest rates and house price growth.In early 2022,Bank of ROK raised benchmark interest rates in order to curb the overheating in real estate market,which has exacerbated debt repayment pressure on high-risk borrowers.Household debt in ROK has become one of the important sources of financial instability under external shocks,which has a warning significance for Chinese household debt problems.

关 键 词：韩国 家庭债务 高债务 

分 类 号：F833.126[经济管理—金融学]