Socio-Economics Factors Affecting Thailand’s Household Debt-to-Income Ratio
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Abstract
This study aimed to analyse socio-economics factors affecting the debt-to-income ratio of Thai households, and to examine the impact of these factors on households with below-average and above-average debt-to-income ratios, respectively, The data were sourced from the 2021 Household Socio-Economic Survey conducted by the National Statistical Office of Thailand. The data were analyzed with the mean regression equations and quantile regression at the 0.25 and 0.75 levels. The study found that the following factors, i.e. the highest education level of the household head, the employment status of the household head, the number of household members, the average monthly household expenditure, and the average monthly household savings were significant factors in determining the debt-to-income ratio of households at all levels. Therefore, giving importance to financial management is a way to build financial immunity for households. Additionally, using the debt-to-income ratio as a criterion for new debt will help reduce excessive debt and ensure that debtors have sufficient income for living expenses after debt repayment.
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เนื้อหาและข้อมูลในบทความที่ลงตีพิมพ์ในวารสารทดสอบระบบ ThaiJo2 ถือเป็นข้อคิดเห็นและความรับผิดชอบของผู้เขียนบทความโดยตรงซึ่งกองบรรณาธิการวารสาร ไม่จำเป็นต้องเห็นด้วย หรือร่วมรับผิดชอบใดๆ
บทความ ข้อมูล เนื้อหา รูปภาพ ฯลฯ ที่ได้รับการตีพิมพ์ในวารสารทดสอบระบบ ThaiJo2 ถือเป็นลิขสิทธิ์ของวารสารทดสอบระบบ ThaiJo2 หากบุคคลหรือหน่วยงานใดต้องการนำทั้งหมดหรือส่วนหนึ่งส่วนใดไปเผยแพร่ต่อหรือเพื่อกระทำการใดๆ จะต้องได้รับอนุญาตเป็นลายลักอักษรจากวารสารทดสอบระบบ ThaiJo2 ก่อนเท่านั้น
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