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Why are credit card rates sticky?

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Author Info
Loretta J. Mester

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Abstract

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Publisher Info
Paper provided by Federal Reserve Bank of Philadelphia in its series Working Papers with number 93-16.

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Date of creation: 1993
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Handle: RePEc:fip:fedpwp:93-16

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Related research
Keywords: Credit cards Interest rates

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Shubhasis Dey, 2005. "Lines of Credit and Consumption Smoothing: The Choice between Credit Cards and Home Equity Lines of Credit," Working Papers 05-18, Bank of Canada. [Downloadable!]
  2. Xavier Freixas & Sjaak Hurkens & Alan D. Morrison & Nir Vulkan, 2004. "Interbank Comptetition with Costly Screening," Economics Working Papers 802, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
  3. Sougata Kerr & Lucia Dunn & Stephen Cosslett, 2004. "Do Banks Use Private Information from Consumer Accounts? Evidence of Relationship Lending in Credit Card Interest Rate Heterogeneity," Working Papers 04-08, Ohio State University, Department of Economics. [Downloadable!]
  4. Shubhasis Dey & Gene Mumy, 2005. "Determinants of Borrowing Limits on Credit Cards," Working Papers 05-7, Bank of Canada. [Downloadable!]
  5. Kartik Athreya, 2004. "Fresh start or head start? Uniform bankruptcy exemptions and welfare," Working Paper 03-03, Federal Reserve Bank of Richmond. [Downloadable!]
    Other versions:
  6. Ronel Elul, 2005. "Collateral, credit history, and the financial decelerator," Working Papers 05-23, Federal Reserve Bank of Philadelphia. [Downloadable!]
  7. Paul S. Calem & Michael B. Gordy & Loretta J. Mester, 2005. "Switching costs and adverse selection in the market for credit cards: new evidence," Working Papers 05-16, Federal Reserve Bank of Philadelphia. [Downloadable!]
    Other versions:
  8. Xavier Freixas & Sjaak Hurkens & Alan Morrison & Nir Vulkan, 2007. "Interbank Competition with Costly Screening," Topics in Theoretical Economics, Berkeley Electronic Press, vol. 7(1), pages 1356-1356. [Downloadable!] (restricted)
  9. Christine A. Parlour & Uday Rajan, 2001. "Competition in Loan Contracts," American Economic Review, American Economic Association, vol. 91(5), pages 1311-1328, December. [Downloadable!] (restricted)
  10. Xavier Freixas & Sjaak Hurkens & Alan D. Morrison & Nir Vulkan, 2005. "Interbank Competition with Costly Screening," OFRC Working Papers Series 2005fe02, Oxford Financial Research Centre. [Downloadable!]
Statistics
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This page was last updated on 2008-11-7.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.