Download or read book Credit Availability and Consumer Investment in Durable Goods the Case of Automobiles written by James Monroe Kenney and published by . This book was released on 1972 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Are Consumers Affected by Durable Goods Makers Financial Distress written by Ali Hortaçsu and published by . This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial decisions of durable goods makers can impose spillovers on their consumers. Namely, durable goods provide a consumption stream that frequently depends on services provided by the manufacturer (e.g., warranties, parts, and maintenance). Manufacturer bankruptcy, or even the possibility thereof, threatens this service provision and can substantially reduce the value of its products to their current owners. We test this hypothesis in one of the largest durable goods markets, automobiles, using data on millions of used cars sold at wholesale auctions around the U.S. during 2006-8. We find that an increase in an auto manufacturer's financial distress results in a contemporaneous drop in the prices of its cars at auction, controlling for a host of other influences on price. The estimated effects are statistically and economically significant. Furthermore, cars with longer expected service lives (those within manufacturer warranty, having lower mileage, or in better condition) see larger price declines than those with shorter remaining lives. These patterns do not seem to be driven solely by reduced demand from auto dealers affiliated with the troubled manufacturers or by contemporaneous declines in new car prices. Our estimates imply a potentially large indirect cost of financial distress on car manufacturers.
Download or read book Survey of Current Business written by and published by . This book was released on with total page 826 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Demand for Consumer Durables written by Frank Champion Wykoff and published by . This book was released on 1968 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Instalment Selling written by Edwin Robert Anderson Seligman and published by . This book was released on 1927 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Economics of Instalment Selling written by Edwin Robert Anderson Seligman and published by . This book was released on 1927 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer Credit and the American Economy written by Thomas A. Durkin and published by . This book was released on 2014 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer Credit and the American Economy examines the economics, behavioral science, sociology, history, institutions, law, and regulation of consumer credit in the United States. After discussing the origins and various kinds of consumer credit available in today's marketplace, this book reviews at some length the long run growth of consumer credit to explore the widely held belief that somehow consumer credit has risen "too fast for too long." It then turns to demand and supply with chapters discussing neoclassical theories of demand, new behavioral economics, and evidence on production costs and why consumer credit might seem expensive compared to some other kinds of credit like government finance. This discussion includes review of the economics of risk management and funding sources, as well discussion of the economic theory of why some people might be limited in their credit search, the phenomenon of credit rationing. This examination includes review of issues of risk management through mathematical methods of borrower screening known as credit scoring and financial market sources of funding for offerings of consumer credit. The book then discusses technological change in credit granting. It examines how modern automated information systems called credit reporting agencies, or more popularly "credit bureaus," reduce the costs of information acquisition and permit greater credit availability at less cost. This discussion is followed by examination of the logical offspring of technology, the ubiquitous credit card that permits consumers access to both payments and credit services worldwide virtually instantly. After a chapter on institutions that have arisen to supply credit to individuals for whom mainstream credit is often unavailable, including "payday loans" and other small dollar sources of loans, discussion turns to legal structure and the regulation of consumer credit. There are separate chapters on the theories behind the two main thrusts of federal regulation to this point, fairness for all and financial disclosure. Following these chapters, there is another on state regulation that has long focused on marketplace access and pricing. Before a final concluding chapter, another chapter focuses on two noncredit marketplace products that are closely related to credit. The first of them, debt protection including credit insurance and other forms of credit protection, is economically a complement. The second product, consumer leasing, is a substitute for credit use in many situations, especially involving acquisition of automobiles. This chapter is followed by a full review of consumer bankruptcy, what happens in the worst of cases when consumers find themselves unable to repay their loans. Because of the importance of consumer credit in consumers' financial affairs, the intended audience includes anyone interested in these issues, not only specialists who spend much of their time focused on them. For this reason, the authors have carefully avoided academic jargon and the mathematics that is the modern language of economics. It also examines the psychological, sociological, historical, and especially legal traditions that go into fully understanding what has led to the demand for consumer credit and to what the markets and institutions that provide these products have become today.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 1973 with total page 768 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstracts of dissertations available on microfilm or as xerographic reproductions.
Download or read book Catalog of Copyright Entries Third Series written by Library of Congress. Copyright Office and published by Copyright Office, Library of Congress. This book was released on 1975 with total page 1862 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Are Consumers Affected by Durable Goods Markers Financial Distress written by and published by . This book was released on 2010 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Automobile Industry and Its Impact Upon the Nation s Economy April 9 10 11 and July 29 1975 written by United States. Congress. House. Committee on Banking, Currency and Housing. Automobile Industry Task Force and published by . This book was released on 1975 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Current Price Developments and the Problem of Economic Stablization written by United States. Congress. Joint Committee on the Economic Report and published by . This book was released on 1947 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews consumer demand, shortages, removal of wartime price regulations, and expansion of the money supply impact on prices and inflation.
Download or read book Current Price Developments and the Problem of Economic Stabilization written by United States. Congress. Joint Committee on the Economic Report and published by . This book was released on 1947 with total page 610 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews consumer demand, shortages, removal of wartime price regulations, and expansion of the money supply impact on prices and inflation.
Download or read book The Economic Report of the President to the Congress written by United States. President and published by . This book was released on 1946 with total page 838 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Report of the President Transmitted to the Congress written by United States. President and published by . This book was released on 1952-07 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reports for 1962- include: The annual report of the Council of Economic Advisers (title varies slightly).
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1971 with total page 1262 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Download or read book National Union Catalog written by and published by . This book was released on 1973 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes entries for maps and atlases.
