How do Americans repay their debt? The balance-matching heuristic
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Other versions of this item:
- John Gathergood & Neale Mahoney & Neil Stewart & Jörg Weber, 2019. "How Do Americans Repay Their Debt? The Balance-Matching Heuristic," NBER Working Papers 25557, National Bureau of Economic Research, Inc.
References listed on IDEAS
- Richard H. Thaler & Shlomo Benartzi, 2001. "Naive Diversification Strategies in Defined Contribution Saving Plans," American Economic Review, American Economic Association, vol. 91(1), pages 79-98, March.
- John Gathergood & Neale Mahoney & Neil Stewart & Jörg Weber, 2019.
"How Do Individuals Repay Their Debt? The Balance-Matching Heuristic,"
American Economic Review, American Economic Association, vol. 109(3), pages 844-875, March.
- John Gathergood & Neale Mahoney & Neil Stewart & Joerg Weber, 2017. "How Do Individuals Repay Their Debt? The Balance-Matching Heuristic," NBER Working Papers 24161, National Bureau of Economic Research, Inc.
- Alejandro Ponce & Enrique Seira & Guillermo Zamarripa, 2017.
"Borrowing on the Wrong Credit Card? Evidence from Mexico,"
American Economic Review, American Economic Association, vol. 107(4), pages 1335-1361, April.
- Alejandro Ponce & Enrique Seira & Guillermo Zamarripa, 2014. "Borrowing on the Wrong Credit Card: Evidence from Mexico," Working Papers 2014-03, Banco de México.
- Alejandro Ponce & Enrique Seira & Guillermo Zamarripa, 2014. "Borrowing on the Wrong Credit Card:Evidence from Mexico," Working Papers 1406, Centro de Investigacion Economica, ITAM.
Citations
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Cited by:
- Achten, Sandra & Lessmann, Christian, 2020.
"Spatial inequality, geography and economic activity,"
World Development, Elsevier, vol. 136(C).
- Sandra Achten & Christian Lessmann, 2019. "Spatial inequality, geography and economic activity," CESifo Working Paper Series 7547, CESifo.
- Johannes G. Jaspersen & Marc A. Ragin & Justin R. Sydnor, 2019. "Predicting Insurance Demand from Risk Attitudes," NBER Working Papers 26508, National Bureau of Economic Research, Inc.
- Paul D. Adams & Stefan Hunt & Christopher Palmer & Redis Zaliauskas, 2019. "Testing the Effectiveness of Consumer Financial Disclosure: Experimental Evidence from Savings Accounts," NBER Working Papers 25718, National Bureau of Economic Research, Inc.
- J. Anthony Cookson & Erik P. Gilje & Rawley Z. Heimer, 2020. "Shale Shocked: Cash Windfalls and Household Debt Repayment," NBER Working Papers 27782, National Bureau of Economic Research, Inc.
More about this item
Keywords
credit cards; consumer borrowing; rational behavior; balance matching; heuristics;JEL classification:
- D1 - Microeconomics - - Household Behavior
- G2 - Financial Economics - - Financial Institutions and Services
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