Last edited by Kebar
Monday, May 18, 2020 | History

2 edition of Search, switching costs, and the stickiness of credit card interest rates found in the catalog.

Search, switching costs, and the stickiness of credit card interest rates

Paul S. Calem

Search, switching costs, and the stickiness of credit card interest rates

by Paul S. Calem

  • 301 Want to read
  • 8 Currently reading

Published by Federal Reserve Bank of Philadelphia, Economic Research Division in Philadelphia .
Written in English


Edition Notes

StatementPaul S. Calem, Loretta J. Mester.
SeriesEconomics working paper series / Federal Reserve Bank of Philadelphia, Economic Research Division -- no.24, Economics research working paper (Federal Reserve Bank of Philadelphia, Economic Research Division) -- no.24.
ContributionsMester, Loretta J.
ID Numbers
Open LibraryOL13973445M

Economic Quarterly (Federal Reserve Bank of Richmond), Winter , Vol. 92, No. 1 by Federal Reserve Bank of Richmond. Brito and Hartley () provide theoretical arguments why credit-card rates are not likely to be responsive to changes in the cost of funds. 17 Similarly, Calem and Mester () argue that credit Cited by:

17 hours ago  On the chart below, our net take rate, which is the blended take rate net from transaction costs such as interchange, processing and card scheme fees, reached %, 19 basis points year . Not only did FDIC and OCC race to court to defend the doctrine in the context of a % small business loan, but there's a Bloomberg story out about a set of class action usury law suits (here and . The authors use a new panel data set of credit card accounts to analyze how consumers responded to the federal income tax rebates. They estimate the monthly response of credit card payments, .

Social platforms further this evolution, tapping into our inherent human desire to Connect. In many ways, social platforms accelerate natural offline behaviors: instead of connections, we now have 1, . South Korea is already one of the least cash-dependent nations in the world. It has among the highest rates of credit card ownership — about per citizen — and only about 20 per cent of Korean . WH Credit Card Data. of Share & Embed.


Share this book
You might also like
How to Teach Your Child at Home (The Bowdoin Method - Book 1)

How to Teach Your Child at Home (The Bowdoin Method - Book 1)

Efficiency models in data envelopment analysis

Efficiency models in data envelopment analysis

Were off to catch a dragon.

Were off to catch a dragon.

Records of some early settlers of the town of Guilderland, the Helderburgh and Normanskill regions

Records of some early settlers of the town of Guilderland, the Helderburgh and Normanskill regions

Painter, king & pompadour

Painter, king & pompadour

Meeting in Rio

Meeting in Rio

How to raise and train a Basset Hound

How to raise and train a Basset Hound

United States regional cook book

United States regional cook book

The Glorious Prodigal (The House of Winslow #24)

The Glorious Prodigal (The House of Winslow #24)

Polytechnic of Central London

Polytechnic of Central London

confessions

confessions

Control of immigration statistics United Kingdom

Control of immigration statistics United Kingdom

The doctor next door

The doctor next door

Search, switching costs, and the stickiness of credit card interest rates by Paul S. Calem Download PDF EPUB FB2

SyntaxTextGen not activatedAbstract: The U.S. labor market witnessed two pdf unrelated secular movements in the last 30 years: a decline in unemployment between the early s and the early s, and a decline in. The concern is that the persistent low levels of switching are in large part caused by the inertia of the vast majority of retail customers due to a lack of engagement, which is the result of high Cited by: 1.find that credit-card borrowers in Mexico are insensitive to disclosures about the interest rates of available alternative credit cards.

Directly testing Truth-in-Lending-Act-type dis-closures,Seiraetal. .