The impact of public policy on consumer credit:
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Boston [u.a.]
Kluwer Acad. Publ.
2002
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Item Description: | Papers from a research conference sponsored by the Credit Research Center at Georgetown University's McDonough School of Business, held in Washington, D.C., in November 1999. - Includes bibliographical references. - Enth. 9 Beitr. |
| Physical Description: | VIII, 336 S. graph. Darst. 24 cm |
| ISBN: | 0792374185 |
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MARC
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| 245 | 1 | 0 | |a The impact of public policy on consumer credit |c ed. by Thomas A. Durkin and Michael E. Staten |
| 264 | 1 | |a Boston [u.a.] |b Kluwer Acad. Publ. |c 2002 | |
| 300 | |a VIII, 336 S. |b graph. Darst. |c 24 cm | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 500 | |a Papers from a research conference sponsored by the Credit Research Center at Georgetown University's McDonough School of Business, held in Washington, D.C., in November 1999. - Includes bibliographical references. - Enth. 9 Beitr. | ||
| 650 | 4 | |a Verbraucherkredit / USA | |
| 650 | 4 | |a Consumer credit -- United States -- Congresses | |
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| 700 | 1 | |a Durkin, Thomas A. |e Sonstige |4 oth | |
| 700 | 1 | |a Staten, Michael E. |e Sonstige |4 oth | |
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Record in the Search Index
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|---|---|
| adam_text | Table
of
Contents
Preface
...................................................................................................... ix
Chapter
1:
Introduction
Authors: Thomas A. Durkin and Michael
E. Staten
....... 1
Chapter
2:
The Evolution of Consumer Credit in the United States
Author: Lendol
Calder
.................................................... 23
Discussants: Griffith L. Garwood
.................................. 35
Thomas A. Durkin
..................................... 36
Chapter
3:
The Growth of Consumer Credit and the Household
Debt Service Burden
Author: Dean M.
Maki
.................................................... 43
Discussants: Richard Curtin
........................................... 63
William Hampel
........................................ 66
Chapter
4:
Personal Bankruptcies
Author: Charles A. Luckett
............................................. 69
Discussants:
Durant
Abernethy
......................................103
Martha Starr-McCluer
...............................107
Chapter
5:
Disclosure as a Consumer Protection
Authors: Thomas A. Durkin and Gregory Elliehausen
... 109
Discussants: Ralph Rohner
.............................................143
Joan Warrington
........................................145
Chapter
6:
Financial Literacy in the U.S. and Efforts toward
Credit Education
Author: Lewis
Mandeli
...................................................149
Discussants: Andrea Stowers
.........................................161
Kathleen McNally
.....................................166
Chapter
7:
Trends in Equal Access to Credit Products
Author: Raphael W. Bostic
.............................................171
Discussants: Anthony Yezer
..........................................203
Peter
Zorn..................................................206
Chapter
8:
The Impact of Credit Scoring and
Automated Underwriting on Credit Availability
Author: Peter L. McCorkell
............................................209
Discussants: Barry Connelly
..........................................220
Robert Eisenbeis
........................................223
Chapter
9:
Privacy, Consumer Credit, and the Regulation of
Personal Information
Author. Fred H.
Cate
.......................................................229
Discussants: Martin Abrams
..........................................276
L. Richard Fischer
.....................................280
Chapter
10:
Consumer Loan Securitization
Author: Kathleen W. Johnson
.........................................287
Discussants: James
Barth...............................................307
David Walker
............................................312
Appendix
1:
Contributors Biographies
................................................315
Appendix
2:
Credit Research Center Publications,
1974-1999...........329
vi
List of Tables and Figures
Chapter
1
Table
1.
Financial Research Program of the National Bureau of Economic Research,
Studies in Consumer Installment Financing,
1936-1941........................... 2
Table
2.
Studies of Consumer Credit: Board of Governors of the Federal Reserve
System and the National Bureau of Economic Research,
1957................. 3
Table
3.
Financial Research Program of the National Bureau of Economic Research,
Studies in Consumer Installment Financing,
1959-1966........................... 5
Table
4.
Technical Studies of the National Commission
on Consumer Finance,
1973...................................................................... 6
Chapter
2
Figure
1.
Consumer Credit Growth
.......................................................................... 38
Figure
2.
Ratios of Credit to Income
........................................................................ 39
Figure
3.
Delinquency Rates
..................................................................................... 39
Figure
4.
Ratios of Credit to Net Worth
................................................................... 40
Figureo. Ratios of Net Worth to Assets
................................................................... 41
Table
1.
Proportions of Families Using Credit,
1956-1995..................................... 42
Chapter
3
Figure
1.
Household Debt Relative to Disposable Personal Income
......................... 44
Figure
2.
Consumer Credit Relative to Disposable Personal Income
....................... 45
Figure
3.
Growth Rates of Components of Consumer Credit
................................... 46
Figure
4.
Growth Rates of Consumer Credit and Expenditures
on Consumer Durables
.............................................................................. 46
Figure
5.
Household Debt Service Burden
............................................................... 48
Figure
6.
Components of Household Debt Service Burden
...................................... 49
Figure
7.
Household Debt Service Burden and Closed-end
Consumer Loan Delinquencies
.................................................................. 50
Table
1.
Consumption Regressions
......................................................................... 51
Table
2.
Distribution of Debt Service Payments by Household Net Worth,
1995... 52
Chapter
4
Figure
1.
Nonbusiness
Bankruptcy Filings
............................................................... 70
Table
1. Chargeoffs
and
Nonbusiness
Bankruptcy Filings
...................................... 72
Figure
1.
Counseling Industry s Growth Rate Greater than Bankruptcy s
............... 105
Chapter
5
Table
1.
Goals of Truth in Lending
......................................................................... 114
Table
2.
Opinions of Consumers Concerning Ease of Obtaining Information
on Credit Terms
......................................................................................... 117
Table
3.
Consumers Opinions about Whether Creditors Give Enough Information
about Credit Terms
.................................................................................... 118
Table
4.
Consumers Estimates of Annual Percentage Rates and Finance Charges
on a Hypothetical Purchase
....................................................................... 123
Table
5.
Consumers Attitudes Toward Installment Credit:
Appropriate Reasons for Borrowing
.......................................................... 124
Table
6.
Consumers Agreement with Observations
about Truth-in-Lending Statements
........................................................... 129
Table
7.
Consumers Who Engaged in Search for Credit Information
on Closed-end Credit
................................................................................. 132
Table
8.
Consumers Who Engaged in Search for Credit Information
on Home Equity Credit
.............................................................................. 135
Chapter
6
Table
1.
Mean Test Scores by Characteristics of Students
...................................... 153
Table
2.
Regression Analysis of the Impact of Demographic Variables
on Various Measures of Financial Literacy
............................................... 157
Table
3.
Regression Analysis of the Separable Effect of State Bankruptcy
Filing Rate on Various Measures of Financial Literacy
............................ 158
Chapter
7
Table
1.
Percentage Change in Number of Conventional Home
Purchase Loans Within Selected Groups
................................................... 181
Table 2A. Statistics for SCF Sample: By Income Category
....................................... 182
Table 2B. Statistics for SCF Sample: By Racial Group
............................................. 184
Table
3.
Decomposition of Predicted Changes in First Mortgage Incidence
........... 185
Table 4A. Statistics for CPS Samples: By Income
Quintile
....................................... 187
Table 4B. Statistics for CPS Samples: By Racial Group
........................................... 189
Table
5.
Decomposition of Predicted Changes in Homeownership
........................ 190
Table
6.
Decomposition of Predicted Changes in Credit Card Incidence
................ 191
Appendix A. Regression Estimates Using the SCF
........................................................ 194
Appendix B. Regression Estimates of Homeownership
................................................. 196
Chapter
10
Figure
1.
Share of Consumer Credit in Securitized Pools
......................................... 288
Figure
2.
Spreads of 2-year Credit Card
ABS
and Corporate Bonds
over Treasury Bonds
................................................................................. 293
Figure
3.
Primary and Secondary Market Rates on Credit Cards
............................. 298
Figure
4.
Primary and Secondary Market Rates on Auto Loans
............................... 298
Figure
5.
Spread of Credit Card
ABS
over Treasury Notes
and Credit Card
ABS
Outstanding
............................................................ 299
Figure
6.
Spread of Auto Loan
ABS
over Treasury Notes
and
Auto ABS
Outstanding
....................................................................... 299
Figure
7.
Spread of Credit Card Interest Rate over
ABS
and Credit Card
Chargeoff
Rate
................................................................ 300
Figure
8.
Spread of Auto Loan Interest Rate over
ABS
and Auto Loan Delinquency Rate
............................................................. 300
Table
1.
Number and Dollar Amount
of Asset-Backed Securities Issued,
1985-1997.......................................... 307
Table
2.
Asset-Backed Securities Outstanding by Major Types of Credit,
1995-1999Q2
............................................................................................. 310
Appendix
2
Table
1.
Credit Research Center Publications: Monographs,
1974-1999................ 329
Table
2.
Credit Research Center Publications: Working Papers,
1974-1999.......... 331
Table
3.
Credit Research Center Publications: Reprints,
1974-1999....................... 335
Table
4.
Credit Research Center Publications: Proceedings
and Reference Manuals,
1974-1999.......................................................... 336
viii
|
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| id | DE-604.BV019747968 |
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| spelling | The impact of public policy on consumer credit ed. by Thomas A. Durkin and Michael E. Staten Boston [u.a.] Kluwer Acad. Publ. 2002 VIII, 336 S. graph. Darst. 24 cm txt rdacontent n rdamedia nc rdacarrier Papers from a research conference sponsored by the Credit Research Center at Georgetown University's McDonough School of Business, held in Washington, D.C., in November 1999. - Includes bibliographical references. - Enth. 9 Beitr. Verbraucherkredit / USA Consumer credit -- United States -- Congresses Konsumentenkredit (DE-588)4032243-9 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 1999 Washington DC gnd-content USA (DE-588)4078704-7 g Konsumentenkredit (DE-588)4032243-9 s DE-604 Durkin, Thomas A. Sonstige oth Staten, Michael E. Sonstige oth Digitalisierung TU Muenchen application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013074553&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | The impact of public policy on consumer credit Verbraucherkredit / USA Consumer credit -- United States -- Congresses Konsumentenkredit (DE-588)4032243-9 gnd |
| subject_GND | (DE-588)4032243-9 (DE-588)4078704-7 (DE-588)1071861417 |
| title | The impact of public policy on consumer credit |
| title_auth | The impact of public policy on consumer credit |
| title_exact_search | The impact of public policy on consumer credit |
| title_full | The impact of public policy on consumer credit ed. by Thomas A. Durkin and Michael E. Staten |
| title_fullStr | The impact of public policy on consumer credit ed. by Thomas A. Durkin and Michael E. Staten |
| title_full_unstemmed | The impact of public policy on consumer credit ed. by Thomas A. Durkin and Michael E. Staten |
| title_short | The impact of public policy on consumer credit |
| title_sort | the impact of public policy on consumer credit |
| topic | Verbraucherkredit / USA Consumer credit -- United States -- Congresses Konsumentenkredit (DE-588)4032243-9 gnd |
| topic_facet | Verbraucherkredit / USA Consumer credit -- United States -- Congresses Konsumentenkredit USA Konferenzschrift 1999 Washington DC |
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