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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

The Impact of Income Shock on Consumption Spending Among Young Malaysian Household with Credit Usage in Post Covid-19

Khairunnisa Abd Samad, Wan Musyirah Wan Ismail, Nordianah Jusoh @ Hussain, Nik Rozila Nik Mohd Masdek, Bushra Mohd Zaki, Nur Hayati Abd Rahman, Nur Hafidzah Idris

http://dx.doi.org/10.6007/IJARBSS/v10-i8/7505

Open access

For nearly 6 million young Malaysian in the labour force, Covid-19 will be especially damaging. They face the highest risk of unemployment. Their job opportunities will be severely curtailed by the contraction of the job market and with their comparatively lower incomes, many will struggle to feed their families. This study explores the conceptual framework on the impact of income shock on consumption spending among young household with debts. In this setting, the framework outlined the possible critical factors for suitable policy-formulation during Covid-19 for the government in sustaining the country’s economic stability.

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In-Text Citation: (Samad et al., 2020)
To Cite this Article: Samad, K. A., Ismail, W. M. W., Hussain, N. J. @, Masdek, N. R. N. M., Zaki, B. M., Rahman, N. H. A., & Idris, N. H. (2020). The Impact of Income Shock on Consumption Spending Among Young Malaysian Household with Credit Usage in Post Covid-19. International Journal of Academic Research in Business and Social Sciences, 10(8), 110–120.