Credit Cards and Money Demand: A Cross-sectional Study
利用1983年消费者金融调查数据，在联立方程框架下研究信用卡持有对家庭货币资产需求的影响，发现信用卡持有概率越高，交易余额需求越低，但对小额定期存款无影响。
This study investigates credit card holding and the household demands for several monetary assets in a simultaneous equations framework. It exploits the detailed data on household assets as well as demographic and preference characteristics in the 1983 Survey of Consumer Finances. A key finding is that, consistent with theory, a higher probability of credit card ownership implies lower demand for transaction balances with no effect on small time deposit balances. Copyright 1995 by Ohio State University Press.