Matches in SemOpenAlex for { <https://semopenalex.org/work/W3123805561> ?p ?o ?g. }
Showing items 1 to 86 of
86
with 100 items per page.
- W3123805561 abstract "We analyze the effectiveness of consumer financial regulation by considering the 2009 Credit Card Accountability Responsibility and Disclosure (CARD) Act. We use a panel data set covering 160 million credit card accounts and a difference-in-differences research design that compares changes in outcomes over time for consumer credit cards, which were subject to the regulations, to changes for small business credit cards, which the law did not cover. We estimate that regulatory limits on credit card fees reduced overall borrowing costs by an annualized 1.6% of average daily balances, with a decline of more than 5.3% for consumers with FICO scores below 660. We find no evidence of an offsetting increase in interest charges or a reduction in the volume of credit. Taken together, we estimate that the CARD Act saved consumers $11.9 billion per year. We also analyze a nudge that disclosed the interest savings from paying off balances in 36 months rather than making minimum payments. We detect a small increase in the share of accounts making the 36-month payment value but no evidence of a change in overall payments." @default.
- W3123805561 created "2021-02-01" @default.
- W3123805561 creator A5022222146 @default.
- W3123805561 creator A5072573663 @default.
- W3123805561 creator A5076309222 @default.
- W3123805561 creator A5084409217 @default.
- W3123805561 date "2013-01-01" @default.
- W3123805561 modified "2023-09-25" @default.
- W3123805561 title "Regulating Consumer Financial Products: Evidence from Credit Cards" @default.
- W3123805561 cites W1481908410 @default.
- W3123805561 cites W1844719443 @default.
- W3123805561 cites W190328304 @default.
- W3123805561 cites W2168962180 @default.
- W3123805561 cites W3123706933 @default.
- W3123805561 doi "https://doi.org/10.2139/ssrn.2330942" @default.
- W3123805561 hasPublicationYear "2013" @default.
- W3123805561 type Work @default.
- W3123805561 sameAs 3123805561 @default.
- W3123805561 citedByCount "21" @default.
- W3123805561 countsByYear W31238055612012 @default.
- W3123805561 countsByYear W31238055612013 @default.
- W3123805561 countsByYear W31238055612014 @default.
- W3123805561 countsByYear W31238055612015 @default.
- W3123805561 countsByYear W31238055612016 @default.
- W3123805561 countsByYear W31238055612017 @default.
- W3123805561 countsByYear W31238055612019 @default.
- W3123805561 crossrefType "journal-article" @default.
- W3123805561 hasAuthorship W3123805561A5022222146 @default.
- W3123805561 hasAuthorship W3123805561A5072573663 @default.
- W3123805561 hasAuthorship W3123805561A5076309222 @default.
- W3123805561 hasAuthorship W3123805561A5084409217 @default.
- W3123805561 hasBestOaLocation W31238055612 @default.
- W3123805561 hasConcept C10138342 @default.
- W3123805561 hasConcept C108087509 @default.
- W3123805561 hasConcept C144133560 @default.
- W3123805561 hasConcept C145097563 @default.
- W3123805561 hasConcept C162118730 @default.
- W3123805561 hasConcept C162324750 @default.
- W3123805561 hasConcept C174957148 @default.
- W3123805561 hasConcept C178350159 @default.
- W3123805561 hasConcept C21021354 @default.
- W3123805561 hasConcept C24308983 @default.
- W3123805561 hasConcept C2983355114 @default.
- W3123805561 hasConcept C68842666 @default.
- W3123805561 hasConcept C81749938 @default.
- W3123805561 hasConceptScore W3123805561C10138342 @default.
- W3123805561 hasConceptScore W3123805561C108087509 @default.
- W3123805561 hasConceptScore W3123805561C144133560 @default.
- W3123805561 hasConceptScore W3123805561C145097563 @default.
- W3123805561 hasConceptScore W3123805561C162118730 @default.
- W3123805561 hasConceptScore W3123805561C162324750 @default.
- W3123805561 hasConceptScore W3123805561C174957148 @default.
- W3123805561 hasConceptScore W3123805561C178350159 @default.
- W3123805561 hasConceptScore W3123805561C21021354 @default.
- W3123805561 hasConceptScore W3123805561C24308983 @default.
- W3123805561 hasConceptScore W3123805561C2983355114 @default.
- W3123805561 hasConceptScore W3123805561C68842666 @default.
- W3123805561 hasConceptScore W3123805561C81749938 @default.
- W3123805561 hasLocation W31238055611 @default.
- W3123805561 hasLocation W31238055612 @default.
- W3123805561 hasOpenAccess W3123805561 @default.
- W3123805561 hasPrimaryLocation W31238055611 @default.
- W3123805561 hasRelatedWork W1528015036 @default.
- W3123805561 hasRelatedWork W1540151485 @default.
- W3123805561 hasRelatedWork W1839600837 @default.
- W3123805561 hasRelatedWork W1972225983 @default.
- W3123805561 hasRelatedWork W2058942766 @default.
- W3123805561 hasRelatedWork W2095672301 @default.
- W3123805561 hasRelatedWork W2111831727 @default.
- W3123805561 hasRelatedWork W2120868938 @default.
- W3123805561 hasRelatedWork W2122666416 @default.
- W3123805561 hasRelatedWork W2142163337 @default.
- W3123805561 hasRelatedWork W2198923532 @default.
- W3123805561 hasRelatedWork W2201933345 @default.
- W3123805561 hasRelatedWork W2216587375 @default.
- W3123805561 hasRelatedWork W2281036971 @default.
- W3123805561 hasRelatedWork W2316775883 @default.
- W3123805561 hasRelatedWork W2904976057 @default.
- W3123805561 hasRelatedWork W3124417403 @default.
- W3123805561 hasRelatedWork W3187590924 @default.
- W3123805561 hasRelatedWork W3201678937 @default.
- W3123805561 hasRelatedWork W301037247 @default.
- W3123805561 isParatext "false" @default.
- W3123805561 isRetracted "false" @default.
- W3123805561 magId "3123805561" @default.
- W3123805561 workType "article" @default.