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How Do Americans Repay Their Debt? The Balance-Matching Heuristic

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NBER2019-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25557
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资源简介:
In Gathergood et al. (2019), we studied credit card repayments using linked data on multiple cards from the United Kingdom. We showed that individuals did not allocate payments to the higher interest rate card, which would minimize the cost of borrowing, but instead made repayments according to a
提供机构:
美国国家经济研究局
创建时间:
2019-02-01
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