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The association between household debt and marriage satisfaction in the context of urban household in Klang Valley, Malaysia

Cai, Yunchao and Abdullah Yusof, Selamah and Mohd Amin, Ruzita and Mohd Arshad, Mohd Nahar (2020) The association between household debt and marriage satisfaction in the context of urban household in Klang Valley, Malaysia. Journal of Emerging Economies & Islamic Research, 8 (1). pp. 12-22. E-ISSN 2289-2559

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Abstract

By using the data collected from urban households in Klang Valley, Malaysia, this study tries to provide empirical evidence on the effect of household debt on married Malaysian couples on their marital satisfaction. This study wishes to extend the implications of household debt in Malaysia beyond economic concern per se. We found that household debt does have a negative association with marriage satisfaction for married couples in Klang Valley Malaysia. Such relationship is valid even financial wellness and other demographic variables are controlled. Moreover, the less secured personal debt shows a significant negative relationship with the couple’s marriage satisfaction compared with no evidence on the impact of housing loan.

Item Type: Article (Journal)
Additional Information: 301/81522
Uncontrolled Keywords: Household debt, Marriage satisfaction, Housing loan, Personal loan, Malaysia
Subjects: H Social Sciences > HG Finance
H Social Sciences > HG Finance > HG179 Personal finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Economics
Kulliyyah of Economics and Management Sciences
Depositing User: Dr SELAMAH ABDULLAH YUSOF
Date Deposited: 04 Aug 2020 11:39
Last Modified: 04 Aug 2020 11:39
URI: http://irep.iium.edu.my/id/eprint/81522

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