東華大學圖書館 |

語系: 繁體中文

說明(常見問題)

回圖書館首頁

手機版館藏查詢

登入

回首頁

切換: 標籤 | MARC模式 | ISBD

Access to consumer credit: Impact o...

Chang, Beryl Y.

FindBook

Google Book

Amazon

博客來

Access to consumer credit: Impact on low vs. high-income groups.

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Access to consumer credit: Impact on low vs. high-income groups./
作者:	Chang, Beryl Y.
面頁冊數:	101 p.
附註:	Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0282.
Contained By:	Dissertation Abstracts International67-01A.
標題:	Economics, Finance. -
電子資源:	http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3201125
ISBN:	9780542487316

Access to consumer credit: Impact on low vs. high-income groups.
Chang, Beryl Y.

Access to consumer credit: Impact on low vs. high-income groups. - 101 p.

Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0282.

Thesis (Ph.D.)--Fordham University, 2006.

The availability of consumer credit has expanded greatly during the past twenty years in OECD countries. While higher income groups long had access to credit, the proliferation of credit cards has gradually increased access to credit for a wide range of household income groups and in virtually all regions of the United States. This dissertation searches for econometric evidence on how greater credit access affects savings, investment, and consumption patterns across different income groups. Some argue that poor households pay high interest rates and fees and wind up over-extended from the unsecured consumer credit that may actually reduce their disposable income and savings over the longer term. Wealthy consumers, on the other hand, may have easy access to revolving credit at low and even negative interest rates. Other models of credit constrained consumers suggest greater access to credit should allow low income households to invest more in schooling and housing, and to smooth or shift consumption forward therefore improve their and societies' welfare.

ISBN: 9780542487316Subjects--Topical Terms:

626650
Economics, Finance.

Access to consumer credit: Impact on low vs. high-income groups.
LDR:02532nmm 2200301 4500 001 1820479
005 20061113085736.5
008 130610s2006 eng d
020 $a 9780542487316
035 $a (UnM)AAI3201125
035 $a AAI3201125
040 $a UnM $c UnM
100 1 $a Chang, Beryl Y. $3 1909703
245 1 0 $a Access to consumer credit: Impact on low vs. high-income groups.
300 $a 101 p.
500 $a Source: Dissertation Abstracts International, Volume: 67-01, Section: A, page: 0282.
500 $a Adviser: Darryl McLeod.
502 $a Thesis (Ph.D.)--Fordham University, 2006.
520 $a The availability of consumer credit has expanded greatly during the past twenty years in OECD countries. While higher income groups long had access to credit, the proliferation of credit cards has gradually increased access to credit for a wide range of household income groups and in virtually all regions of the United States. This dissertation searches for econometric evidence on how greater credit access affects savings, investment, and consumption patterns across different income groups. Some argue that poor households pay high interest rates and fees and wind up over-extended from the unsecured consumer credit that may actually reduce their disposable income and savings over the longer term. Wealthy consumers, on the other hand, may have easy access to revolving credit at low and even negative interest rates. Other models of credit constrained consumers suggest greater access to credit should allow low income households to invest more in schooling and housing, and to smooth or shift consumption forward therefore improve their and societies' welfare.
520 $a Findings in this paper show that increase in revolving credit increases the durable goods spending and the overall consumption, which includes both durable and non-durable goods consumptions, of the lower two income quintile groups. However, revolving credit decreases the savings rate of the majority of the quintile groups. Nonetheless, revolving credit facilitated homeownership of mid- to upper-income groups. Findings also suggest that revolving credit distorts the income effect on consumption and homeownership for the lower income quintile groups.
590 $a School code: 0072.
650 4 $a Economics, Finance. $3 626650
650 4 $a Business Administration, Banking. $3 1018458
650 4 $a Economics, Commerce-Business. $3 626649
690 $a 0508
690 $a 0770
690 $a 0505
710 2 0 $a Fordham University. $3 1020514
773 0 $t Dissertation Abstracts International $g 67-01A.
790 1 0 $a McLeod, Darryl, $e advisor
790 $a 0072
791 $a Ph.D.
792 $a 2006
856 4 0 $u http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3201125