Matches in SemOpenAlex for { <https://semopenalex.org/work/W4236073181> ?p ?o ?g. }
Showing items 1 to 58 of
58
with 100 items per page.
- W4236073181 endingPage "4" @default.
- W4236073181 startingPage "4" @default.
- W4236073181 abstract "The responsiveness of credit demand to interest rate changes may vary widely by state due to differences in state bankruptcy and insolvency laws. Bankruptcy exemptions and other state laws insulate borrowers against negative consequences from non-repayment, and so lenient regulations may lead to decreased responsiveness to interest rate increases. Lenient laws also decrease creditors’ incentive to lend, and a resulting decrease in loan options will reinforce the inelasticity of credit demand. This paper presents a model that predicts (1) that credit demand is less responsive in states with borrower-friendly, lenient bankruptcy and insolvency laws, and (2) the effects of state laws on demand elasticity will be strongest among borrowers facing credit constraints. Using market experiment data from a large credit card issuer, this paper presents evidence that supports the hypothesis that demand responsiveness and insolvency law leniency are negatively related. Borrowers are more likely to continue using a card in states with lenient exemption and garnishment laws. Borrowers who take up less attractive offers are more likely to be credit constrained; among these borrowers, the impact of exemption laws is much stronger than among the unconstrained group." @default.
- W4236073181 created "2022-05-12" @default.
- W4236073181 date "2009-09-01" @default.
- W4236073181 modified "2023-10-17" @default.
- W4236073181 title "Ecka, Makin caught in copper crunch as auto sales plummet" @default.
- W4236073181 doi "https://doi.org/10.1016/s0026-0657(09)70194-8" @default.
- W4236073181 hasPublicationYear "2009" @default.
- W4236073181 type Work @default.
- W4236073181 citedByCount "0" @default.
- W4236073181 crossrefType "journal-article" @default.
- W4236073181 hasConcept C10138342 @default.
- W4236073181 hasConcept C120527767 @default.
- W4236073181 hasConcept C138170105 @default.
- W4236073181 hasConcept C144133560 @default.
- W4236073181 hasConcept C159091798 @default.
- W4236073181 hasConcept C162324750 @default.
- W4236073181 hasConcept C180879305 @default.
- W4236073181 hasConcept C2777764128 @default.
- W4236073181 hasConcept C29122968 @default.
- W4236073181 hasConcept C34447519 @default.
- W4236073181 hasConcept C4163816 @default.
- W4236073181 hasConcept C504631918 @default.
- W4236073181 hasConcept C556758197 @default.
- W4236073181 hasConcept C73283319 @default.
- W4236073181 hasConceptScore W4236073181C10138342 @default.
- W4236073181 hasConceptScore W4236073181C120527767 @default.
- W4236073181 hasConceptScore W4236073181C138170105 @default.
- W4236073181 hasConceptScore W4236073181C144133560 @default.
- W4236073181 hasConceptScore W4236073181C159091798 @default.
- W4236073181 hasConceptScore W4236073181C162324750 @default.
- W4236073181 hasConceptScore W4236073181C180879305 @default.
- W4236073181 hasConceptScore W4236073181C2777764128 @default.
- W4236073181 hasConceptScore W4236073181C29122968 @default.
- W4236073181 hasConceptScore W4236073181C34447519 @default.
- W4236073181 hasConceptScore W4236073181C4163816 @default.
- W4236073181 hasConceptScore W4236073181C504631918 @default.
- W4236073181 hasConceptScore W4236073181C556758197 @default.
- W4236073181 hasConceptScore W4236073181C73283319 @default.
- W4236073181 hasIssue "8" @default.
- W4236073181 hasLocation W42360731811 @default.
- W4236073181 hasOpenAccess W4236073181 @default.
- W4236073181 hasPrimaryLocation W42360731811 @default.
- W4236073181 hasRelatedWork W1587636050 @default.
- W4236073181 hasRelatedWork W1906479780 @default.
- W4236073181 hasRelatedWork W1976934173 @default.
- W4236073181 hasRelatedWork W2042208543 @default.
- W4236073181 hasRelatedWork W2320407511 @default.
- W4236073181 hasRelatedWork W2374283188 @default.
- W4236073181 hasRelatedWork W3123548684 @default.
- W4236073181 hasRelatedWork W3213416051 @default.
- W4236073181 hasRelatedWork W4299445693 @default.
- W4236073181 hasRelatedWork W4299842407 @default.
- W4236073181 hasVolume "64" @default.
- W4236073181 isParatext "false" @default.
- W4236073181 isRetracted "false" @default.
- W4236073181 workType "article" @default.