Matches in SemOpenAlex for { <https://semopenalex.org/work/W2480032416> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W2480032416 abstract "Connolly and Stavins (2015) showed that payment behavior is strongly correlated with consumers’ demographic and income attributes over the 2009–2013 period. In this paper, we apply a random effects panel data model with sample selection based on Wooldridge (1995) to estimate the effect of each attribute on payment-instrument adoption and use. We find that age, education, income, and race are significant in explaining payment behavior even after controlling for all the other attributes of consumers and for payment-instrument characteristics. Most notably, the lowest-income, lowest-education, and minority consumers adopt a very limited set of payment instruments compared with their counterparts even when education and age are controlled for. These consumers also have a significantly different pattern of payment use conditional on adoption; they rely significantly more on cash and less on credit cards for their transactions. The data do not allow us to isolate supply-side and demand-side factors to explain the causes of these discrepancies. Women use significantly less cash than men, but use more debit cards, checks, and online banking bill pay, even when we control for the degree of bill-paying responsibility they have for their households. Single people use more cash, while married people use more checks. Although characteristics of payment instruments, such as cost, convenience, and security, significantly affect payment behavior, consumers’ socio-demographic attributes explain most of the variation. Separating the effects of consumers’ age from the effects of birth cohorts indicates that in most cases age and birth-cohort trends move together." @default.
- W2480032416 created "2016-08-23" @default.
- W2480032416 creator A5047115660 @default.
- W2480032416 date "2016-06-07" @default.
- W2480032416 modified "2023-09-24" @default.
- W2480032416 title "The Effect of Demographics on Payment Behavior: Panel Data with Sample Selection" @default.
- W2480032416 cites W2068815013 @default.
- W2480032416 cites W3121210557 @default.
- W2480032416 hasPublicationYear "2016" @default.
- W2480032416 type Work @default.
- W2480032416 sameAs 2480032416 @default.
- W2480032416 citedByCount "0" @default.
- W2480032416 crossrefType "posted-content" @default.
- W2480032416 hasAuthorship W2480032416A5047115660 @default.
- W2480032416 hasConcept C10138342 @default.
- W2480032416 hasConcept C144024400 @default.
- W2480032416 hasConcept C144133560 @default.
- W2480032416 hasConcept C145097563 @default.
- W2480032416 hasConcept C149782125 @default.
- W2480032416 hasConcept C149923435 @default.
- W2480032416 hasConcept C162118730 @default.
- W2480032416 hasConcept C162324750 @default.
- W2480032416 hasConcept C162853370 @default.
- W2480032416 hasConcept C185592680 @default.
- W2480032416 hasConcept C198531522 @default.
- W2480032416 hasConcept C2778083465 @default.
- W2480032416 hasConcept C2780084366 @default.
- W2480032416 hasConcept C4249254 @default.
- W2480032416 hasConcept C43617362 @default.
- W2480032416 hasConcept C6422946 @default.
- W2480032416 hasConceptScore W2480032416C10138342 @default.
- W2480032416 hasConceptScore W2480032416C144024400 @default.
- W2480032416 hasConceptScore W2480032416C144133560 @default.
- W2480032416 hasConceptScore W2480032416C145097563 @default.
- W2480032416 hasConceptScore W2480032416C149782125 @default.
- W2480032416 hasConceptScore W2480032416C149923435 @default.
- W2480032416 hasConceptScore W2480032416C162118730 @default.
- W2480032416 hasConceptScore W2480032416C162324750 @default.
- W2480032416 hasConceptScore W2480032416C162853370 @default.
- W2480032416 hasConceptScore W2480032416C185592680 @default.
- W2480032416 hasConceptScore W2480032416C198531522 @default.
- W2480032416 hasConceptScore W2480032416C2778083465 @default.
- W2480032416 hasConceptScore W2480032416C2780084366 @default.
- W2480032416 hasConceptScore W2480032416C4249254 @default.
- W2480032416 hasConceptScore W2480032416C43617362 @default.
- W2480032416 hasConceptScore W2480032416C6422946 @default.
- W2480032416 hasLocation W24800324161 @default.
- W2480032416 hasOpenAccess W2480032416 @default.
- W2480032416 hasPrimaryLocation W24800324161 @default.
- W2480032416 hasRelatedWork W1971721111 @default.
- W2480032416 hasRelatedWork W2004495353 @default.
- W2480032416 hasRelatedWork W2038229498 @default.
- W2480032416 hasRelatedWork W2155931933 @default.
- W2480032416 hasRelatedWork W2168082501 @default.
- W2480032416 hasRelatedWork W2220923504 @default.
- W2480032416 hasRelatedWork W2336847891 @default.
- W2480032416 hasRelatedWork W2770983574 @default.
- W2480032416 hasRelatedWork W2809806123 @default.
- W2480032416 hasRelatedWork W287751126 @default.
- W2480032416 hasRelatedWork W2914310298 @default.
- W2480032416 hasRelatedWork W2974432604 @default.
- W2480032416 hasRelatedWork W3025366844 @default.
- W2480032416 hasRelatedWork W3096341678 @default.
- W2480032416 hasRelatedWork W3123663838 @default.
- W2480032416 hasRelatedWork W3125678535 @default.
- W2480032416 hasRelatedWork W3125942594 @default.
- W2480032416 hasRelatedWork W3155326928 @default.
- W2480032416 hasRelatedWork W3185499020 @default.
- W2480032416 hasRelatedWork W2612938561 @default.
- W2480032416 isParatext "false" @default.
- W2480032416 isRetracted "false" @default.
- W2480032416 magId "2480032416" @default.
- W2480032416 workType "article" @default.