Household debt and household spending behavior: evidence from Malaysia (hutang isi rumah dan tingkah laku perbelanjaan isi rumah: Bukti dari Malaysia)
Using data collected from urban households in the Klang Valley, Malaysia, this study examined the impact of household debt on urban household consumption decisions. The findings revealed that household debt does not generally affect consumption decisions, except in the case of expenditure on vacatio...
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| Format: | Article |
| Language: | English |
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Universiti Kebangsaan Malaysia
2020
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| Online Access: | http://irep.iium.edu.my/81523/ http://irep.iium.edu.my/81523/1/81523_Household%20Debt%20and%20Household%20Spending_article.pdf |
| _version_ | 1848789144504893440 |
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| author | Cai, Yunchao Abdullah Yusof, Selamah Mohd Amin, Ruzita Mohd Arshad, Mohd Nahar |
| author_facet | Cai, Yunchao Abdullah Yusof, Selamah Mohd Amin, Ruzita Mohd Arshad, Mohd Nahar |
| author_sort | Cai, Yunchao |
| building | IIUM Repository |
| collection | Online Access |
| description | Using data collected from urban households in the Klang Valley, Malaysia, this study examined the impact of household debt on urban household consumption decisions. The findings revealed that household debt does not generally affect consumption decisions, except in the case of expenditure on vacation, which tends to be reduced for households facing high levels of debt. Furthermore, general financial wellness tends to be the main factor affecting consumption rather than debt. Households with poorer financial wellness make more frequent cuts to daily meals, fruit, utility, transportation, clothing, medical care, vacations, and leisure activities. Although the impact of debt on consumption is not extensive, it must be closely monitored to ensure that the risk is contained and that the wellbeing of households is not adversely affected. |
| first_indexed | 2025-11-14T17:52:03Z |
| format | Article |
| id | iium-81523 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:52:03Z |
| publishDate | 2020 |
| publisher | Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-815232020-11-10T07:19:11Z http://irep.iium.edu.my/81523/ Household debt and household spending behavior: evidence from Malaysia (hutang isi rumah dan tingkah laku perbelanjaan isi rumah: Bukti dari Malaysia) Cai, Yunchao Abdullah Yusof, Selamah Mohd Amin, Ruzita Mohd Arshad, Mohd Nahar HB801 Consumption. Demand HG179 Personal finance Using data collected from urban households in the Klang Valley, Malaysia, this study examined the impact of household debt on urban household consumption decisions. The findings revealed that household debt does not generally affect consumption decisions, except in the case of expenditure on vacation, which tends to be reduced for households facing high levels of debt. Furthermore, general financial wellness tends to be the main factor affecting consumption rather than debt. Households with poorer financial wellness make more frequent cuts to daily meals, fruit, utility, transportation, clothing, medical care, vacations, and leisure activities. Although the impact of debt on consumption is not extensive, it must be closely monitored to ensure that the risk is contained and that the wellbeing of households is not adversely affected. Universiti Kebangsaan Malaysia 2020 Article PeerReviewed application/pdf en http://irep.iium.edu.my/81523/1/81523_Household%20Debt%20and%20Household%20Spending_article.pdf Cai, Yunchao and Abdullah Yusof, Selamah and Mohd Amin, Ruzita and Mohd Arshad, Mohd Nahar (2020) Household debt and household spending behavior: evidence from Malaysia (hutang isi rumah dan tingkah laku perbelanjaan isi rumah: Bukti dari Malaysia). Jurnal Ekonomi Malaysia, 54 (1). pp. 111-120. ISSN 0126-1962 E-ISSN 2716-6058 https://www.ukm.my/fep/jem/pdf/2020-54(1)/jeko_54(1)-8.pdf http://dx.doi.org/10.17576/ |
| spellingShingle | HB801 Consumption. Demand HG179 Personal finance Cai, Yunchao Abdullah Yusof, Selamah Mohd Amin, Ruzita Mohd Arshad, Mohd Nahar Household debt and household spending behavior: evidence from Malaysia (hutang isi rumah dan tingkah laku perbelanjaan isi rumah: Bukti dari Malaysia) |
| title | Household debt and household spending behavior: evidence from Malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
Bukti dari Malaysia) |
| title_full | Household debt and household spending behavior: evidence from Malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
Bukti dari Malaysia) |
| title_fullStr | Household debt and household spending behavior: evidence from Malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
Bukti dari Malaysia) |
| title_full_unstemmed | Household debt and household spending behavior: evidence from Malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
Bukti dari Malaysia) |
| title_short | Household debt and household spending behavior: evidence from Malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
Bukti dari Malaysia) |
| title_sort | household debt and household spending behavior: evidence from malaysia
(hutang isi rumah dan tingkah laku perbelanjaan isi rumah:
bukti dari malaysia) |
| topic | HB801 Consumption. Demand HG179 Personal finance |
| url | http://irep.iium.edu.my/81523/ http://irep.iium.edu.my/81523/ http://irep.iium.edu.my/81523/ http://irep.iium.edu.my/81523/1/81523_Household%20Debt%20and%20Household%20Spending_article.pdf |