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Do Credit Cards Really Reduce Aggregate Money Holdings?

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  • Bill Yang

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  • Amanda King
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    File URL: http://hdl.handle.net/10.1007/s11293-010-9254-y
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    Bibliographic Info

    Article provided by International Atlantic Economic Society in its journal Atlantic Economic Journal.

    Volume (Year): 39 (2011)
    Issue (Month): 1 (March)
    Pages: 85-95

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    Handle: RePEc:kap:atlecj:v:39:y:2011:i:1:p:85-95

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    Keywords: Aggregate money holdings; Credit card; E40; E41;

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    1. Duca, John V & Whitesell, William C, 1995. "Credit Cards and Money Demand: A Cross-sectional Study," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 27(2), pages 604-23, May.
    2. Akhand, Hafiz & Milbourne, Ross, 1986. "Credit cards and aggregate money demand," Journal of Macroeconomics, Elsevier, vol. 8(4), pages 471-478.
    3. William W. Lang & Loretta J. Mester & Todd A. Vermilyea, 2007. "Competitive effects of Basel II on U.S. bank credit card lending," Working Papers 07-9, Federal Reserve Bank of Philadelphia.
    4. Geoffrey R. Gerdes & Jack K . Walton II, 2002. "The use of checks and other noncash payment instruments in the United States," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Aug, pages 360-374.
    5. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    6. Rothschild, Michael & Stiglitz, Joseph E., 1971. "Increasing risk II: Its economic consequences," Journal of Economic Theory, Elsevier, vol. 3(1), pages 66-84, March.
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