Construct · 1 fields · 1 citations

overdraft fees: a standalone construct

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

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Consumer finance

fees for spending beyond a checking balance, which consumers avoid more after media attention makes them salient.

In consumer finance, overdraft fees refers to fees for spending beyond a checking balance, which consumers avoid more after media attention makes them salient. This meaning comes from Stango (2014) in Review of Financial Studies.[1]

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Nearby constructs

attention5 fields · 10 citationsjingle · one name, five constructs balance4 fields · 5 citationsjingle · one word, four constructs

References

Stango, V., & Zinman, J. (2014). Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees. Review of Financial Studies, 27(4), 990-1030. https://doi.org/10.1093/rfs/hhu008

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