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Credit card debt puzzles
Haliassos, Michael; Reiter, Michael - 2005
Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle (Laibson et al., 2003). Bertaut and Haliassos (2002) proposed an...
Persistent link: https://www.econbiz.de/10010298310
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Credit card debt puzzles
Haliassos, Michael; Reiter, Michael - Center for Financial Studies - 2005
Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle (Laibson et al., 2003). Bertaut and Haliassos (2002) proposed an...
Persistent link: https://www.econbiz.de/10010986391
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Co-existence of Credit Card Debt with Liquid and Retirement Assets: Two Puzzles or None?
Haliassos, Michael; Reiter, Michael - Society for Computational Economics - SCE - 2002
Persistent link: https://www.econbiz.de/10005345426
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Credit Card Debt Puzzles
Haliassos, Michael; Reiter, Michael - Barcelona Graduate School of Economics (Barcelona GSE) - 2005
Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle (Laibson et al., 2003). Bertaut and Haliassos (2002) proposed an...
Persistent link: https://www.econbiz.de/10010547250
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Credit card debt puzzles
Haliassos, Michael; Reiter, Michael - Department of Economics and Business, Universitat … - 2005
Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle (Laibson et al., 2003). Bertaut and Haliassos (2002) proposed an...
Persistent link: https://www.econbiz.de/10005772269
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Credit Card Debt Puzzles
Halisassos, Michael; Reiter, Michael - Center for Financial Studies - 2005
Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle (Laibson et al., 2003). Bertaut and Haliassos (2002) proposed an...
Persistent link: https://www.econbiz.de/10005138840