Credit card holders, revolvers and convenience users:Evidence from Malaysia

dc.contributor.author	Andrew, K.G. Tan
dc.date.accessioned	2017-08-04T08:07:08Z
dc.date.available	2017-08-04T08:07:08Z
dc.date.issued	2009
dc.description.abstract	This paper studies the characteristics of credit card holders in Malaysia and distinguishes between convenience users and revolvers. The Tobit model with binary selection and ordinal treatment is developed to accommodate the data feature that debts are incurred only among card holders and the endogeneity of card holding in card debt. Results from a stratified sample in Malaysia indicate that age, household size, income, education, loan commitments and currentaccount ownership play a role in card holding. Age, loan commitments, previous credit cards holdings, current-account ownership, and bad debt history affect the probability and level of card debt. Multi-card holders are more likely to be credit revolvers than convenience users.	en_US
dc.identifier.uri	http://hdl.handle.net/123456789/4322
dc.title	Credit card holders, revolvers and convenience users:Evidence from Malaysia	en_US
dc.type	Technical Report	en_US

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