Modeling Credit Card Borrowing: A Comparison of Type I and Type II Tobit Approaches.
This study focuses on credit cards as a borrowing medium using 1998 Survey of Consumer Finance data. The type II Tobit approach used here overcomes a shortcoming of the conventional type I Tobit model, which restricts the coefficients of the binary borrowing decision (the first step) and balance lev...
| Publicado en: | Southern Economic Journal Vol. 70; no. 1; pp. 128 - 144 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Southern Economic Association
July 2003
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |