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We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. We were given details of a randomized interest rate experiment conducted by the lender between October 2006 and January 2007. Access to such information is rare....
Persistent link: https://www.econbiz.de/10008900901
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10013130142
We test the interest rate sensitivity of subprime credit card borrowers using a unique panel data set from a UK credit card company. What is novel about our contribution is that we were given details of a randomized interest rate experiment conducted by the lender between October 2006 and...
Persistent link: https://www.econbiz.de/10013130585
Our paper contributes to the literature studying how household conditions can influence children's development …, focusing on the type of family model where children grow up, defined on the basis of parental employment status and relative … household type is becoming more prevalent: the one in which the woman is the sole or main wage-earner, the so-called "female …
Persistent link: https://www.econbiz.de/10014334522
We present identification and estimation results for the "collective" model of labour supply in which there are … couples without children. The implications of the unitary framework are rejected while those of the collective approach are …
Persistent link: https://www.econbiz.de/10003257851
We present identification and estimation results for the "collective" model of labour supply in which there are … couples without children. The implications of the unitary framework are rejected while those of the collective approach are …
Persistent link: https://www.econbiz.de/10013318228
-old children. Using German panel data (SOEP), we show that unemployment of fathers and mothers is negatively associated with their … children's life satisfaction. When controlling for time-invariant individual heterogeneity, our results suggest that maternal … differential impacts between sons and daughters or between younger and older children. Further results suggest that the impact of …
Persistent link: https://www.econbiz.de/10014431287
the individual heterogeneity in demand behavior. Using data from the British Household Panel Survey, this study provides …
Persistent link: https://www.econbiz.de/10010223024
pensioners alter their consumption patterns when cohabitating with additional individuals. By analyzing household …
Persistent link: https://www.econbiz.de/10014349965
Over the last 15 years, the typical household has increasingly concentrated its spending on a few preferred products … heterogeneous household demand and use it to conclude that increasing product variety drives these divergent trends. When more … care more about generating new customers. Surprisingly, our model matches the observed trends in household and aggregate …
Persistent link: https://www.econbiz.de/10012848329