Adverse selection, search costs and sticky credit card rates
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- Mester, Loretta J, 1994.
"Why Are Credit Card Rates Sticky?,"
Springer;Society for the Advancement of Economic Theory (SAET), vol. 4(4), pages 505-30, May.
- Duca, John V. & Whitesell, William C., 1991.
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9112, Federal Reserve Bank of Dallas.
- 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.
- Engle, Robert F. & Yoo, Byung Sam, 1987. "Forecasting and testing in co-integrated systems," Journal of Econometrics, Elsevier, vol. 35(1), pages 143-159, May.
- Mitchell Berlin & Loretta J. Mester, 1987.
"Credit card rates and consumer search,"
88-1, Federal Reserve Bank of Philadelphia.
- Joanna Stavins, 1996. "Can demand elasticities explain sticky credit card rates?," New England Economic Review, Federal Reserve Bank of Boston, issue Jul, pages 43-54.
- Brito, Dagobert L & Hartley, Peter R, 1995. "Consumer Rationality and Credit Cards," Journal of Political Economy, University of Chicago Press, vol. 103(2), pages 400-433, April.
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- Andrea Meyercord, 1994. "Recent trends in the profitability of credit card banks," Quarterly Review, Federal Reserve Bank of New York, issue Sum, pages 107-111.
- Randall Pozdena, 1991. "Solving the mystery of high credit card rates," FRBSF Economic Letter, Federal Reserve Bank of San Francisco, issue nov29.
- Paul S. Calem & Loretta J. Mester, 1992. "Search, switching costs, and the stickiness of credit card interest rates," Working Papers 92-24, Federal Reserve Bank of Philadelphia.
- Glenn B. Canner & Charles A. Luckett, 1992. "Developments in the pricing of credit card services," Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Sep, pages 652-666.
- Sullivan, A. Charlene & Worden, Debra Drecnik, 1995. "Credit cards and the option to default," Financial Services Review, Elsevier, vol. 4(2), pages 123-136.
- Kwiatkowski, D. & Phillips, P.C.B. & Schmidt, P., 1990.
"Testing the Null Hypothesis of Stationarity Against the Alternative of Unit Root : How Sure are we that Economic Time Series have a Unit Root?,"
8905, Michigan State - Econometrics and Economic Theory.
- Kwiatkowski, Denis & Phillips, Peter C. B. & Schmidt, Peter & Shin, Yongcheol, 1992. "Testing the null hypothesis of stationarity against the alternative of a unit root : How sure are we that economic time series have a unit root?," Journal of Econometrics, Elsevier, vol. 54(1-3), pages 159-178.
- Denis Kwiatkowski & Peter C.B. Phillips & Peter Schmidt, 1991. "Testing the Null Hypothesis of Stationarity Against the Alternative of a Unit Root: How Sure Are We That Economic Time Series Have a Unit Root?," Cowles Foundation Discussion Papers 979, Cowles Foundation for Research in Economics, Yale University.
- Ausubel, Lawrence M, 1991. "The Failure of Competition in the Credit Card Market," American Economic Review, American Economic Association, vol. 81(1), pages 50-81, March.
- Lown, Cara & Peristiani, Stavros, 1996. "The behavior of consumer loan rates during the 1990 credit slowdown," Journal of Banking & Finance, Elsevier, vol. 20(10), pages 1673-1694, December.
- Paul S. Calem, 1992. "The strange behavior of the credit card market," Business Review, Federal Reserve Bank of Philadelphia, issue Jan, pages 3-14.
- Berlin, Mitchell & Loeys, Jan, 1988. " Bond Covenants and Delegated Monitoring," Journal of Finance, American Finance Association, vol. 43(2), pages 397-412, June.
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