: (Debt Burden and Debt Repayment Possibility of Elderly Households: Comparison of Elderly Household Types)

A Study on Determinants of Household Debt Repayment Using Hazard Model: Focus on Middle and Elderly Household over 45 Years Old

Journal of Money & Finance ◽

10.21023/jmf.34.1.4 ◽

2020 ◽

Vol 34 (1) ◽

pp. 113-151

Author(s):

Ming-Chang Li ◽

Hong-Joo Jung ◽

Moon-Yun Hwang

Keyword(s):

Hazard Model ◽

Household Debt ◽

Elderly Household ◽

Debt Repayment

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The Relevance of Energy Service Contracts in the Budget Sphere

Light & Engineering ◽

10.33383/2018-096 ◽

2018 ◽

pp. 64-68

Author(s):

George V. Boos ◽

Elena Yu. Matveeva

Keyword(s):

Public Sector ◽

Institutional Development ◽

The Public ◽

Debt Burden ◽

Comprehensive Plan ◽

Effective Implementation ◽

Service Contracts ◽

The Face ◽

Energy Service ◽

The Russian Federation

The problematic aspects related to the implementation of energy saving policy in the budget sphere are examined in the article. The factors hindering the mass and effective implementation of energysaving measures are highlighted in the article. Among these factors, there is the technical complexity of energysaving projects, the presence of innovative and investment risks, problems with the financial provision of costs in the face of increasing debt burden in most public budgets. The article concludes that in these circumstances only the energy service contract is a tool that allows implementing energysaving measures without the first participation of budgetary funds in financing and allows transferring the risks of making technically inefficient decisions directly to the investor. In the article, the authors substantiate the importance of the institutional development of energy services directly in the public sector and analyze the measures of the comprehensive plan to improve the energy efficiency of the economy of the Russian Federation aimed at expanding the scope of energy service contracts in the public sector.

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