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
Pages
7
From page
79
To page
85
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
Serial Year
1997
Journal title
Economics Letters
Record number
434427
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