A Study on Recent Credit Loan from Households in South Korea

In this paper, we examine a causal relationship between a response variable credit loan from households and several explanatory variables such as interest of certificate of deposit (CD) and loan collateralized with housing and so on. Based on 31 observations sampled from the 4th quarter in 2008 to the 4th quarter in 2016, the optimal forecasts can be obtained and expected to apply to the distribution area comprehensively. In order to accomplish the objectives, both the multiple regression model with correlated errors and several exponential smoothing methods are, in main, analyzed by using IBM SPSS 23.0. A number of goodness-of-fit statistics, at the same time, are also exploited as a tool of optimal model-building.