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Working Papers N° 699: Comportamiento de no Pago en Créditos de Consumo: Indicadores y Determinantes

Autor: Carlos Saavedra , Rodrigo Alfaro , Andrés Alegría


Description

In this paper we discuss various indicators of default for consumer loans in Chile. In particular, we propose an indicator based on write-offs, which can be interpreted as a probability of default. The proposed indicator replicates the level and the dynamic of the default frequency reported in a previous study, but it has a greater reaction during the crisis period of 2009.

Working Papers N° 699: Comportamiento de no Pago en Créditos de Consumo: Indicadores y Determinantes
 
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