Title of article :
Effects of price competition in the credit card industry
Author/Authors :
Sangkyun Park، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Abstract :
Using a sample of major credit card issuers, this study examines the effects of credit card rates on card loan growth and delinquency rates between 1991 and 1994. Lower card rates failed to sufficiently increase card loans, and the delinquency rate was positively related to the card rate.
Keywords :
credit cards , Imperfect competition , Consumer rationality
Journal title :
Economics Letters
Journal title :
Economics Letters
