Determinants of credit card delinquency and bankruptcy: Macroeconomic factors

被引：4

作者：

Sumit Agarwal

Chunlin Liu

机构：

[1] FleetBoston Financial, MailStop: RI DE 03306C, Providence, RI 02903

来源：

Journal of Economics and Finance | 2003年 / 27卷 / 1期

关键词：

Credit Card; Divorce Rate; Macroeconomic Factor; Credit Supply; Credit Card Debt;

D O I：

10.1007/BF02751591

中图分类号：

学科分类号：

摘要：

In this paper, we examine how county unemployment rates affect consumers' delinquency and bankruptcy behavior by focusing on the credit card market. In particular, after controlling for credit supply and shocks like divorce and health coverage we investigate whether consumer propensity for delinquency and bankruptcy changes with respect to the macroeconomic fluctuations across counties. Our results show that county unemployment rates significantly influence delinquency.

引用

页码：75 / 84

页数：9

共 15 条

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