Research objective:
To identify the channels through which the financial condition of households affects the financial stability of the banking sector in the Republic of Kazakhstan, as well as to determine the demographic and socioeconomic factors contributing to the growth of household debt burdens in the country.
Research tasks:
1. Assess the impact of household heterogeneity in Kazakhstan on households' ability to service their debt obligations, using demographic and socioeconomic characteristics;
2. Identify indicators of excessive household debt burdens based on demographic and socioeconomic characteristics;
3. Develop a profile of indebted households based on their demographic and socioeconomic characteristics;
4. Examine the consumption-smoothing strategies adopted by households in Kazakhstan in response to temporary negative income shocks.
