Короткий опис(реферат):
In line with Kiss et. al (2006), we have constructed an analytical framework for the timely detection of risks
connected with the rapid growth of consumer lending, based on an econometric model for the equilibrium level
of household and consumer loans. Results from an estimation on a panel of countries were extrapolated to the
Ukrainian banking sector. The model suggests that after two waves of strong deleveraging starting in 2009 and
in 2014, the consumer credit stock in 2019 is still well below its equilibrium level in Ukraine, despite the recent
strong nominal dynamics.
