Construct · 1 fields · 1 citations

credit limit sensitivity: a standalone construct

One name. One construct. A landmark on the map.

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credit limitsensitivity1 CONSTRUCTCredit limit sensitivityGROSS · HOUSEHOLD FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Household finance

card borrowing rising when credit limits increase, especially for people near their limit, showing that liquidity constraints bind.

In household finance, credit limit sensitivity refers to card borrowing rising when credit limits increase, especially for people near their limit, showing that liquidity constraints bind. This meaning comes from Gross (2002) in The Quarterly Journal of Economics.[1]

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Nearby constructs

credit card debt puzzle1 fields · 1 citationsanchor · a standalone constructcredit2 fields · 2 citationsjingle · one word, two constructshousehold finance1 fields · 1 citationsanchor · a standalone construct

References

  1. Gross, D. B., & Souleles, N. S. (2002). Do Liquidity Constraints and Interest Rates Matter for Consumer Behavior? Evidence from Credit Card Data. The Quarterly Journal of Economics, 117(1), 149-185. https://doi.org/10.1162/003355302753399472

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