A Model of Money and Credit, with Application to the Credit Card Debt Puzzle

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International Reserves and Rollover Risk (2013, unknown): “Telyukova (2013) and Telyukova and Wright (2008) address the “credit card puzzle,” that is, the fact that households pay high interest rates on credit cards while earning low rates on bank accounts.”
Household Need for Liquidity and the Credit Card Debt Puzzle (2007, background): “See Telyukova and Wright (2008) for a related model of money and credit that addresses the issue in more detail in a similar context. portfolio.”
Chapter 21 - Household Finance: An Emerging Field∗ (2013, unknown): “Bailey, Kumar, and Ng (2011) relate the mutual fund choices of the clients of a large US brokerage house to the behavioral biases they display in individual stock trading.”
Liquidity: A New Monetarist Perspective (2017, methodology): “…transiting randomly between them (Williamson 2007); others have multiple rounds of DM trade between CM meetings or vice-versa (Berentsen et al. 2005; Telyukova and Wright 2008; Ennis 2009, Jiang an Shao 2014); others use continuous time (Craig and Rocheteau 2008b; Rocheteau and Rodriguez 2013).”