Credit card debt puzzle: liquid assets to pay household bills
Author:
Publisher
Springer Science and Business Media LLC
Subject
General Economics, Econometrics and Finance
Link
https://link.springer.com/content/pdf/10.1007/s12232-023-00429-4.pdf
Reference22 articles.
1. Adams, Robert M, Vitaly M Bord, and Bradley Katcher (2021) Why did credit card balances decline so much during the COVID-19 Pandemic? Board of Governors of the Federal Reserve System FEDS Notes. https://www.federalreserve.gov/econres/notes/feds-notes/why-did-credit-card-balances-decline-so-much-during-the-covid-19-pandemic-20211203.htm
2. Carroll CD (1997) Buffer-stock saving and the life cycle/permanent income hypothesis. Q J Econ 112(1):1–55
3. Chetty R, Sandor L, Szeidl A (2017) The effect of housing on portfolio choice. J Finance. https://doi.org/10.1111/jofi.12500
4. Choi H, Laschever RA (2018) The credit card debt puzzle and noncognitive ability. Rev Finance 22(6):2109–2137
5. C-C Ethan, Jonathan M, (2010) Your house or your credit card, hich would you choose? Personal delinquency tradeoffs and precautionary liquidity motives. working paper. https://doi.org/10.2139/ssrn.1619929
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1. Credit card debt puzzle: Evidence from the euro area;Economics Letters;2024-03
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