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This paper utilizes a unique new dataset of credit card accounts to analyze how people respond to changes in credit supply. The data consist of a panel of thousands of individual credit card accounts from several different card issuers, with associated credit bureau data. We estimate both...
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This research investigates efficiency differences between two important financial approaches that credit card companies use to attract customers. Since the cash-back offer has been already investigated by previous studies, this study focuses upon the balance transfer offer and then compares them...
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