Americans are either cutting back on spending or paying down their credit cards, according to new data from the Federal Reserve. The nation’s total revolving debt—mainly credit card debt—grew by $152 million in March, a dramatic slowdown from the $10.7 billion added in February, and the ...
Poverty Traps, Credit Card Debt, and Behavioral EconomicsFreeman, Andrea
credit card a plastic card or token used to finance the purchase of products by gaining point-of-saleCREDIT. Credit cards are issued by commercial banks, hotel chains and larger retailers. SeeEFTPOS. Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005 ...
Khalfani-Cox admits she was in denial about her high credit card debt — what's known as the "ostrich effect" inbehavioral economics. She didn't think her debt was that big of an issue because she had consistent jobs, a six-figure income, a 401(k) and shepaid all her bills on time...
The widespread use of debt and default suggests that unsecured credit markets play an important role in consumption smoothing. In this paper, I address two... KB Athreya - 《Journal of Monetary Economics》 被引量: 104发表: 2008年 Credit Card Utilization and Consumption Over the Life Cycle and...
Using data from the most complete nationally representative survey with data on both debit and credit use, I find that debit use is significantly higher among consumers facing a relatively high cost on marginal credit card charges: those who revolve debt, those who face a binding credit limit ...
7/52/PBI/2005, electronic money (e-money) includes the Card Payment (APMK) such as debit cards, credit cards and ATM cards. This research aims to analyze the relationship between the rate of use of e-money (Electronic Money) ... A Priyatama,G University,Indonesia 被引量: 5发表: 2010...
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005 Want to thank TFD for its existence?Tell a friend about us, add a link to this page, or visitthe webmaster's page for free fun content. Link to this page: ...
Sticking to Your Plan: The Role of Present Bias for Credit Card Paydown We use data from an online financial service to show that many consumers fail to stick to their self-set debt paydown plans. This behavior is best explaine... T Kuchler,M Pagel - 《Journal of Financial Economics》...
摘要: If credit card debt has you struggling to make the minimum payments, brace yourself for more...年份: 2005 收藏 引用 批量引用 报错 分享 全部来源 求助全文 ProQuest thefreelibrary.com highbeam.com findarticles.com questia.com 相似文献...