| Description |
1 online resource (xiv, 290 pages) : illustrations |
| Contents |
Household finance and the financial decision-making process / Sumit Agarwal and Brent W. Ambrose -- Recent developments in the credit card market and the financial obligations ratio / Kathleen W. Johnson -- Whither consumer credit counseling / Robert M. Hunt -- Consumption, debt, and portfolio choice : testing the effects of bankruptcy law / Andreas Lehnert and Dean Maki -- Collateral and sorting : an empirical investigation of the market for HELOCs / Shubhasis Dey and Lucia Dunn -- Asymmetric information and the automobile loan market / Sumit Agarwal, Brent W. Ambrose, and Souphala Chomsisengphet -- Introductory credit card offers and balance switching behavior of cardholders / Tufan Ekici, Lucia Dunn, and Tae Hyung Kim -- An exploration of usage of personal credit cards by small businesses / Grace Kim -- Debit cards : the new, old way to pay / Marc Anthony Fusaro -- Linkages between consumer payments and credit / Sujit Chakravorti -- Payday lending : evolution, issues, and evidence / Katherine A. Samolyk -- Do renters miss the boat? Homeownership, renting, and wealth accumulation / C. Tsuriel Somerville [and others] -- Choosing between fixed- and adjustable-rate mortgages / Monica Paiella and Alberto Franco Pozzolo -- Interest rates in the sub-prime mortgage market / Souphala Chomsisengphet and Anthony Pennington-Cross -- Default and prepayment risk in residential mortgage loans : a review and synthesis / Michael LaCour-Little -- Statistical analysis and modeling for fair lending and compliance : the OCC's perspective / Mark Pocock, Irene Fang, and Jason Dietrich |
| Summary |
The field of household finance seeks to understand how households use financial instruments. Financial economists have long studied how corporations utilize financial instruments, yet relatively little is understood about how individual consumers and households utilize various credit alternatives in managing their consumption and savings objectives. However, with the increasing interest in issues surrounding behavioral finance, research into household financial decision making processes is becoming increasingly important. In response to the growing interest in household finance, this book contains a collection of essays by leading researchers studying issues involving household and consumer use of credit instruments. This collection, featuring a foreword by John Y. Campbell, will provide readers with a greater understanding of what is currently known about household credit utilization and suggest possible areas for future research |
| Bibliography |
Includes bibliographical references and indexes |
| Notes |
English |
|
Print version record |
| Subject |
Consumer credit.
|
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Finance, Personal.
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BUSINESS & ECONOMICS -- Finance.
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Consumer credit
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Finance, Personal
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Konsumentenkredit
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Haushalt
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Verbraucherverhalten
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Kredit.
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Privatekonomi.
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Konsumentkredit.
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USA
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| Form |
Electronic book
|
| Author |
Agarwal, Sumit, 1970-
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Ambrose, Brent W. (Brent William), 1964-
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| ISBN |
9780230608917 |
|
0230608914 |
|
1281780952 |
|
9781281780959 |
|
9781349539468 |
|
1349539465 |
|
9786611780951 |
|
6611780955 |
|
