《从消费者行为如网络外出就餐等看个人破产和透支》由会员分享，可在线阅读，更多相关《从消费者行为如网络外出就餐等看个人破产和透支（86页珍藏版）》请在金锄头文库上搜索。
1、 ESSAYS ON HOUSEHOLD DEMAND FOR CREDIT CARDS, BANKRUPTCY AND OVER-SPENDING. by Sofyan Yosof Azaizeh B.Sc., Garyounis University, 1995 M.Sc., Yarmouk University, 1998 M.A., San Diego State University, 2003 A Dissertation Submitted in Partial Fulfillment of the Requirements for the Doctor of Philosoph
2、y Degree Department of Economics in the Graduate School Southern Illinois University Carbondale August 2010 UMI Number: 3426646 All rights reserved INFORMATION TO ALL USERS The quality of this reproduction is dependent upon the quality of the copy submitted. In the unlikely event that the author did
3、 not send a complete manuscript and there are missing pages, these will be noted. Also, if material had to be removed, a note will indicate the deletion. UMI 3426646 Copyright 2010 by ProQuest LLC. All rights reserved. This edition of the work is protected against unauthorized copying under Title 17
4、, United States Code. ProQuest LLC 789 East Eisenhower Parkway P.O. Box 1346 Ann Arbor, MI 48106-1346 DISSERTATION APPROVAL ESSAYS ON HOUSEHOLD DEMAND FOR CREDIT CARDS, BANKRUPTCY AND OVER-SPENDING. by Sofyan Yosof Azaizeh A Dissertation Submitted in Partial Fulfillment of the Requirements for the D
5、octor of Philosophy Degree in the Field of Economics Approved By: Dr Scott Gilbert, Chair Dr. Kevin Sylwester, Co-Chair Dr. Richard Grabowski Dr. Zsolt Becsi Dr. Abdel-Razzaq Mugdadi Graduate School Southern Illinois University Carbondale July 2nd, 2010 i AN ABSTRACT OF THE DISSERTATION OF SOFYAN YO
6、SOF AZAIZEH, for the Doctor of Philosophy degree in ECONOMICS, presented on JUNE 25, 2010, at Southern Illinois University Carbondale TITEL: ESSAYS ON HOUSEHOLD DEMAND FOR CREDIT CARDS, BANKRUPTCY AND OVER-SPENDING. MAJOR PROFESSOR: Dr. Scott Gilbert Studying household finance and behavior is import
7、ant not only for understanding the micro level behavior, but also to have a better understanding of the whole economy. The study of household behavior become even more important after the 2007 housing crises, and the giant effect it had (and is still having) on Wall Street and the whole US and globa
8、l economy. This dissertation is an attempt to understand some of the household behavior: how does the new internet era affect the demand for credit cards, which attitudes influence the households decision to file bankruptcy, and whether expenditure habits encouraged overspending. The study will use
9、the micro level data provides by Survey of Consumer Finance SCF2007. In the first chapter, the study focuses on the effect of having internet access on household demand for credit cards, controlling for standard price, income effects and other financial and demographic variables. The internet change
10、d the way consumer shops, with more information about the product, the market and the price. E-Commerce retail sales grew on average of 22% a year over the past decade; in the second quarter of 2009 it reached $32.4 billion. The study found that households who have access to the ii internet, carry a
11、round $862 more on their credit card balance, in average, than households who have no access to the internet. The second chapter investigates the effects of borrowing and saving attitudes on household decision to file for personal bankruptcy. The total non-commercial bankruptcy filings increased fro
12、m 560,682 cases in 2006 to 784,079 in 2007. This increase continued through 2008 and the first quarter of 2009, with 1,031,443 cases filed in 2008 and 304,228 in the first three months of 2009. The study results suggest that borrowing and saving attitudes have no effect of household decision to file
13、 for bankruptcy except for paying credit card balance in full every month. The third chapter studies the relationship between eating out “Food-Away-From- Home” and overspending. Since 19% of household in the US are spending more than their income. The average for the past nine years (2000-2008) was
14、1.6%. Compared to other industrialized countries, the US had one of the worst personal saving rates during the past twenty years1. The study found that eating out does not encourage overspending. On the contrary, the higher the ratio of FAFH to total food expenditures the less likely household will
15、overspend. 1 National Economic Trend, Cross-Country Personal Saving Rate, Federal Reserve Bank of St Louis, May 2006. iii DEDICATION to My father (May Allah be blessed with him) My Mother My brothers and sisters My Reem and My Rama iv ACKNOWLEDGMENT I would like to start by thanking GOD for giving me the strength, the health and the ability to reach to this point. Then my thanks go to Dr. Scott Gilbert, whom I wouldnt have done it with his help, support and guidance. Next, I would like to thank each and every member of the my committee: Dr. Kevin Sylwester, Dr. Richard Grabowski, Dr. Zsol
