Carolyn St Aubyn
YOU?
Author Swipe
View article: The Credit Card Debt Puzzle: New Facts and Theory
The Credit Card Debt Puzzle: New Facts and Theory Open
Simultaneously holding liquid assets and credit card debt is known as the credit card debt, or co-holding, puzzle. Around 45% of households in the US Panel Study of Income Dynamics (2010-2014) fall into this category. I revisit the puzzle …
View article: Time variation in lifecycle consumption and housing wealth
Time variation in lifecycle consumption and housing wealth Open
We document systematic and significant time variation in the profiles of lifecycle consumption expenditures in the US. Lifecycle consumption profiles have consistently become atter through time. Pooling data across different periods to ide…