Financial Literacy and Credit Card Payoff Behaviors: Using Generalized Ordered Logit and Partial Proportional Odds Models to Measure American Credit Card Holders’ Likelihood of Repaying Their Credit Cards
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- Annamaria Lusardi & Olivia S. Mitchell, 2005.
"Financial Literacy and Planning: Implications for Retirement Wellbeing,"
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46, Center for Research on Pensions and Welfare Policies, Turin (Italy).
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- Annamaria Lusardi & Olivia S. Mitchell, 2011. "Financial Literacy and Planning: Implications for Retirement Wellbeing," NBER Working Papers 17078, National Bureau of Economic Research, Inc.
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Keywords
financial literacy; financial decision-making; credit card repayment; household finances; ordinal data; generalized ordered logit model; partial proportional odds model;All these keywords.
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