Промени ли пандемията от COVID-19 влиянието на лихвените проценти върху търсенето на потребителски кредити?
Has the COVID-19 Pandemic Changed the Influence of Interest Rates on Consumer Loan Demand?
Author(s): Sergey BorisovSubject(s): Social Sciences, Economy, National Economy, Sociology, Health and medicine and law, Financial Markets
Published by: Великотърновски университет „Св. св. Кирил и Методий”
Keywords: interest rate; consumer loans; COVID-19
Summary/Abstract: This study aims to examine the relationship between interest rates and the demand for consumer loans, as well as how the COVID-19 pandemic influenced it. With the methodology of the statistical correlation analysis, using official data from the Bulgarian National Bank, the changes in the time series are analyzed within a time period covering 66 months, divided proportionally before and after the announcement of the COVID-19 pandemic. The conclusion which the research leads to is that it cannot be asserted with a high percentage of certainty that there is a statistically significant relationship between interest rates and consumer loan demand on the consumer credit market in Bulgaria.
Journal: Социално-икономически анализи
- Issue Year: 2023
- Issue No: 1
- Page Range: 104-109
- Page Count: 6
- Language: English, Bulgarian