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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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    Related research

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

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    References

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    1. Lang, William W. & Mester, Loretta J. & Vermilyea, Todd A., 2008. "Competitive effects of Basel II on US bank credit card lending," Journal of Financial Intermediation, Elsevier, vol. 17(4), pages 478-508, October.
    2. Akhand, Hafiz & Milbourne, Ross, 1986. "Credit cards and aggregate money demand," Journal of Macroeconomics, Elsevier, vol. 8(4), pages 471-478.
    3. 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.
    4. Rothschild, Michael & Stiglitz, Joseph E., 1971. "Increasing risk II: Its economic consequences," Journal of Economic Theory, Elsevier, vol. 3(1), pages 66-84, March.
    5. John V. Duca & William C. Whitesell, 1991. "Credit cards and money demand: a cross-sectional study," Research Paper 9112, Federal Reserve Bank of Dallas.
    6. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
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