Debit or credit?

Journal of Banking and Finance

Volumn 33, Issue 2, 2009, Pages 358-366

  Zinman, Jonathan ^a  

^a Dartmouth College ^*  (United States)

Author keywords

Household finance; Payment card networks; Retail payments; Two sided markets

Indexed keywords

EID: 56549120031     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2008.08.009     Document Type: Article

References (33)

1. Angrist J., and Krueger A. Empirical strategies in labor economics. In: Ashenfelter O., and Card D. (Eds). Handbook of Labor Economics vol. 3 (1999), Elsevier, Amsterdam
2. Borzekowski R., Kiser E., and Ahmed S. Consumers' use of debit cards: Patterns, preferences, and price response. Journal of Money, Credit, and Banking 40 (2008) 149-172
3. Breitkopf, D., 2003. Customers get savvier in debit debate. The American Banker, Special Report: Retail Delivery, 6 May.
4. Chakravorti S., and Shah A. Underlying incentives in credit card networks. The Antitrust Bulletin 48 (2003) 53-75
5. Ching, A., Hayashi, F., 2008. Payment card rewards programs and consumer payment choice. Working Paper, University of Toronto.
6. Duca J., and Whitesell W. Credit cards and money demand: A cross-sectional study. Journal of Money, Credit, and Banking 27 (1995) 604-623
7. Durkin T. Credit cards: Use and consumer attitudes. Federal Reserve Bulletin 86 (2000) 623-634
8. Durkin T. Consumers and credit disclosures: Credit cards and credit insurance. Federal Reserve Bulletin 88 (2002) 201-213
9. Furletti, M., 2003. Credit card pricing developments and their disclosure. Discussion Paper, Payments Cards Center, Federal Reserve Bank of Philadelphia.
10. Fusaro, M., 2008. Debit vs credit: A model of self-control with evidence from checking accounts. Working Paper, East Carolina University.
11. Gerdes G., and Walton J. The use of checks and other noncash payment instruments in the United States. Federal Reserve Bulletin 88 (2002) 360-374
12. Gross D., and Souleles N. Do liquidity constraints and interest rates matter for consumer behavior? Evidence from credit card data. Quarterly Journal of Economics 117 (2002) 149-185
13. Guibourg G., and Segendorff B. A note on the price- and cost structure of retail payment services in the Swedish banking sector 2002. Journal of Banking and Finance 31 (2007) 2817-2827
14. Guthrie G., and Wright J. Competing payment schemes. Journal of Industrial Economics LV (2007) 37-67
15. Hayashi F., and Klee E. Technology adoption and consumer payments: Evidence from survey data. Review of Network Economics 2 (2003) 175-190
16. Hayashi F., Sullivan R., and Weiner S. A Guide to the ATM and Debit Card Industry (2003), Federal Reserve Bank of Kansas City, Kansas City
17. Humphrey D., Willesson M., Bergendahl G., and Lindbolm T. Benefits from a changing payment technology in European banking. Journal of Banking and Finance 30 (2006) 1631-1652
18. Jevons W. Money and the Mechanism of Exchange (1918), Appleton, New York
19. Klee, E., 2006. Paper or plastic? The effect of time on check and debit card use at grocery stores. Working Paper, Board of Governors of the Federal Reserve System.
20. Prelec D., and Loewenstein G. The red and the black: Mental accounting of savings and debt. Marketing Science 17 (1998) 4-28
21. Reosti, J., 2000. Debit cards seen as no threat to credit card revenues. American Banker, 29 June.
22. Rochet J.-C., and Tirole J. Platform competition in two-sided markets. Journal of the European Economic Association 1 (2003) 990-1029
23. Rochet J.-C., and Tirole J. Externalities and regulation in card payment systems. Review of Network Economics 5 (2006) 1-14
24. Rochet, J.-C. and Tirole, J., 2006b. Tying in two-sided markets and the Honor All Cards rule. Working Paper, Toulouse University.
25. Rysman M. An empirical analysis of payment card usage. Journal of Industrial Economics LV (2007) 1-36
26. Santomero A., and Seater J. Alternative monies and the demand for media of exchange. Journal of Money, Credit, and Banking 28 (1996) 942-960
27. Scholnick B., Massoud N., Saunders A., Carbo-Valverde S., and Rodriguez-Fernandez F. The economics of credit cards, debit cards, and ATMs: A survey and some new evidence. Journal of Banking and Finance 32 (2008) 1468-1483
28. Shy O., and Tarkka J. The market for electronic cash cards. Journal of Money, Credit, and Banking 34 (2002) 299-314
29. Soman D. The effect of payment transparency on consumption: Quasi-experiments from the field. Marketing Letters 14 (2003) 173-183
30. Stanhouse B., and Ingram M. A computational approach to the optimal structure of bank input prices. Journal of Banking and Finance 31 (2007) 439-453
31. Telyukova, I., 2008. Household need for liquidity and the credit card debt puzzle. Working Paper, UC-San Diego.
32. Zinman, J., 2007. Household borrowing high and lending low under no-arbitrage. Working Paper, Dartmouth College.
33. Zinman, J., 2008. Where is the missing credit card debt? Clues and implications. Working Paper, Dartmouth College.