Browsing Recerca: working papers, informes, etc. by Author "Haliassos, Michael"

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Browsing Recerca: working papers, informes, etc. by Author "Haliassos, Michael"

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  • Haliassos, Michael; Reiter, Michael (2005)
    Most US credit card holders revolve high-interest debt, often combined with substantial (i) asset accumulation by retirement, and (ii) low-rate liquid assets. Hyperbolic discounting can resolve only the former puzzle ...

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