Endogenous credit-card acceptance in a model of precautionary demand for money

Oxford Economic Papers

Volumn 57, Issue 1, 2005, Pages 157-168

  Masters, Adrian ^a   Rodríguez Reyes, Luis Raúl ^b  

^a STATE UNIVERSITY OF NEW YORK   (United States)

^b UNIVERSITY OF ESSEX   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

CREDIT PROVISION; PRECAUTIONARY PRINCIPLE; RETAILING;

EID: 14644413521     PISSN: 00307653     EISSN: None     Source Type: Journal    
DOI: 10.1093/oep/gpi009     Document Type: Article

References (8)

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3. Humphrey, D., Pulley, L., and Vesala, J. (1996) Cash, paper and electronic payments: a cross-country analysis, Journal of Money, Credit and Banking, 28, 914-39.
4. Jafarey, S. and Masters, A. (2003) Output, prices and the velocity of money in search equilibrium, Journal of Money Credit and Banking 35, 871-88.
5. Kiyotaki, N. and Wright, R. (1991) A contribution to the pure theory of money, Journal of Economic Theory, 53, 215-35.
6. Markose, S. and Loke, Y. (2003) Network effects on cash-card substitution transactions and low interest rate regimes, The Economic Journal, 113, 456-76.
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8. Rochet, J.-J. and Tirole, J. (2002) Cooperation among competitors: some economics of payment card associations, Rand Journal of Economics, 33, 549-70.