Wildy logo
(020) 7242 5778
enquiries@wildy.com

Wildy’s Book News

Book News cover photo

Vol 21 No 11 Nov/Dec 2016

Book of the Month

Cover of Criminal Injuries Compensation Claims

Criminal Injuries Compensation Claims

Price: £99.95

Pupillage & Student Offers

Special Discounts for Pupils, Newly Called & Students

Read More ...


Secondhand & Out of Print

Browse Secondhand Online

Read More...


Charging Ahead: The Growth and Regulation of Payment Card Markets around the World

Image not available lge

ISBN13: 9780521711487
Published: September 2007
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback
Price: £22.99



Low stock.

This book is the first comprehensive treatment of credit cards in the global economy. The topic is timely not only because of the attention focused on cards as a contributor to the substantial rise in consumer borrowing, but also because of the role of cards in the recent retrenchment in the U.S. bankruptcy system.

Relying on data from the U.S., the UK, Canada, Australia, and Japan, Charging Ahead includes the first careful statistical analysis of the relation between the rise of credit card use and broader macroeconomic phenomena like consumer borrowing, savings, and bankruptcy. It also provides a broad narrative of how credit cards have come to be used so differently around the world. Finally, it sets out a detailed and coherent program for regulatory intervention grounded in both empirical analysis and the existing theoretical literature.

The first empirical analysis of the effect of credit cards on the rise of consumer bankruptcy in the U.S. Japan, and Commonwealth countries Historical information and empirical data that explains and illustrates the disparate pattern of credit and debit card usage throughout the world A comprehensive set of policy recommendations grounded not only in the empirical and historical discussion, but also in modern economic theory.

Image not available lge
Subjects:
Banking and Finance
Contents:
Introduction
Paper or Plastic?-Payment System Functionality
2. The Mechanics of Payment Card Transactions
Part II. Easy Money: 3. In Defense of Credit Cards
4. The Psychology of Card Payments-Card Spending and Consumer Debt
5. Over the Brink-Credit Card Debt and Bankruptcy
6. Explaining the Pattern of Global Card Us
7. The Introduction of the Payment Card
8. Revolving Credit
9. Point-of-Sale Debit
10. Convergence and Exceptionalism in the Use of Cards
11. Indirect Approaches: Regulating Interchange and Encouraging Surcharges
Part IV. Reforming Payment Systems: 11. Indirect Approaches: Regulating Interchange and Encouraging Surcharges
12. Contract Design
13. Regulating Information
14. Product Design: Affinity and Rewards Programs and Teaser Rates
Part V. Optimizing Consumer Credit Markets and Bankruptcy Policy
15. Causation, Consumer Credit and Bankruptcy
16. Regulating Consumer Credit Markets
17. Consumer Bankruptcy Reform
Conclusion
Endnotes
Bibliography
Index