Minimum payments and debt paydown in consumer credit cards
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DOI: 10.1016/j.jfineco.2018.09.009
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- Benjamin J. Keys & Jialan Wang, 2016. "Minimum Payments and Debt Paydown in Consumer Credit Cards," NBER Working Papers 22742, National Bureau of Economic Research, Inc.
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- Alejandro Ponce & Enrique Seira & Guillermo Zamarripa, 2014. "Borrowing on the Wrong Credit Card: Evidence from Mexico," Working Papers 2014-03, Banco de México.
More about this item
Keywords
Anchoring; Liquidity constraints; Credit cards; Consumer finance; Minimum payments;All these keywords.
JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
Statistics
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