Abstract
From a Swedish perspective, different types of credits and loans relevant to young adults are analysed, together with an assessment of levels of indebtedness. This enables an assessment of the level of urgency regarding the Swedish market and a discussion of whether the recent development of the Swedish loan market follows an international trend. The level of indebtedness of Swedish young adults is compared to the general population of borrowers. The efforts taken by Swedish authorities are discussed, something that may serve as a description of one way to tackle current societal challenges. The Swedish example, containing strong macro-prudential initiatives, could be seen as an example of a legislative way to tackle problems associated with a potential housing bubble and high debt ratios.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Blom, K., & Van Santen, K. (2017). Svenska hushållens skuldsättning – uppdatering för 2017. Ekonomiska kommentarer, Sveriges Riksbank, 6, 1–10.
ECB. (2018). Household sector report 2017, Q3 Quarterly report of financial and non-financial accounts for the household sector in the euro area. European Central Bank, Eurosystem.
Ehrmann, M., & Ziegelmeyer, M. (2014). Household risk management and actual mortgage choice in the Euro area. No. 1631, Working Paper Series, European Central Bank.
Elliot, V., & Lindblom, T. (2017). The Swedish mortgage market: Bank funding, margins, and risk shifting. In G. Chesini, E. Giaretta, & A. Paltrinieri (Eds.), The business of banking (pp. 35–53). Palgrave Macmillan Studies in Banking and Financial Institutions. Cham: Palgrave Macmillan.
Intrum Justitia. (2017). European Consumer Payment Report. Available at https://www.intrum.com/globalassets/countries/the-netherlands/consumer-payment-report/intrumjustitia_ecpr2016_en.pdf.
Lindblom, T. (1993). Credit losses in nordic banks. In J. Revell (Ed.), The changing face of European banks and securities markets (pp. 174–190). London: Macmillan.
Molin, J. (2009). How has the Riksbank managed the financial crisis? Sveriges Riksbank Economic Review, 2010(1), 120–145.
Naess-Schmidt, S., Bjarke Jensen, B., Heeböll, C., & Sörensen, P. (2017). The role of macroprudential policy in Sweden. Copenhagen Economics.
Riksbank. (2018). Repo rate raised to—0.25 per cent. Press release. Available at https://www.riksbank.se/en-gb/press-and-published/notices-and-press-releases/press-releases/2018/reporantan-hojs-till-025-procent/.
SBA. (2017). Bank and finance statistics 2016. Available at https://www.swedishbankers.se/media/3582/1711_bank-and-finance-statistics.pdf.
SEA. (2015). Sms report. Available at https://www.kronofogden.se/download/18.15b50db11571e6de914281a/1475579641849/snabblan_rapport_helar_150209.pdf.
SFSA. (2016). Tillsynen över bankerna och kreditmarknadsföretagen. Dnr 15-15698.
SFSA. (2017). Hushållens räntebindningstid—en ekonomisk sårbarhet? Available at https://www.fi.se/contentassets/1dcc1e4d818c4751aeb56d3265ee2e16/fianalys9_hushall_rantebindtid_20170310.pdf.
SFSA. (2018a). Den svenska bolånemarknaden. Dnr 18:3193. Finansinspektionen.
SFSA. (2018b). Svenska konsumtionslån. Dnr 18:11091. Finansinspektionen.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 The Author(s)
About this chapter
Cite this chapter
Hauff, J.C., Lindblom, T., Nilsson, J. (2019). The Loan Market—The Swedish Example. In: Hauff, J., Gärling, T., Lindblom, T. (eds) Indebtedness in Early Adulthood. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-13996-4_3
Download citation
DOI: https://doi.org/10.1007/978-3-030-13996-4_3
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-13995-7
Online ISBN: 978-3-030-13996-4
eBook Packages: Economics and FinanceEconomics and Finance (R0)