Precautionary Borrowing and the Credit Card Debt Puzzle

Keyphrases

• Net Worth 100%
• Credit Card Debt Puzzle 100%
• Buffer Stock 50%
• Liquidity 50%
• Rate of Return 50%
• New Borrowing 50%
• Issuer 50%
• Credit Card 50%
• Unemployment 50%
• Interest Rates 50%
• Borrower 50%
• Card Holder 50%
• Consumption Model 50%
• Repayment 50%
• Saver 50%
• Debt Contracting 50%
• Law 50%
• Household Loans 50%
• Borrowing Constraints 50%

Economics, Econometrics and Finance

• Credit Card 100%