{"id":"https://openalex.org/W119235769","doi":null,"title":"The Interplay Between Student Loans and Credit Cards: Implications for Default","display_name":"The Interplay Between Student Loans and Credit Cards: Implications for Default","publication_year":2012,"publication_date":"2012-07-01","ids":{"openalex":"https://openalex.org/W119235769","mag":"119235769"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:hka:wpaper:2012-014","doi":null,"is_oa":false,"landing_page_url":"http://humcap.uchicago.edu/RePEc/hka/wpaper/Ionescu_Ionescu_2012_interplay-student-loans-credit.pdf","pdf_url":"http://humcap.uchicago.edu/RePEc/hka/wpaper/Ionescu_Ionescu_2012_interplay-student-loans-credit.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5109073836","display_name":"Felicia Anamaria Ionescu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Felicia Ionescu","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"Marius Ionescu","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Marius Ionescu","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.47780001163482666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.47780001163482666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.1445000022649765,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.0714000016450882,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/student-loan-default","display_name":"student loan default","score":0.871999979019165},{"id":"https://openalex.org/keywords/credit-card-debt","display_name":"credit card debt","score":0.9480000138282776},{"id":"https://openalex.org/keywords/unsecured-credit","display_name":"unsecured credit","score":0.7049999833106995},{"id":"https://openalex.org/keywords/student-debt","display_name":"student debt","score":0.5809999704360962},{"id":"https://openalex.org/keywords/credit-card-interest-rates","display_name":"credit card interest rates","score":0.6470000147819519},{"id":"https://openalex.org/keywords/student-loan-interest-rates","display_name":"student loan interest rates","score":0.7390000224113464},{"id":"https://openalex.org/keywords/income-based-repayment","display_name":"income-based repayment","score":0.6940000057220459},{"id":"https://openalex.org/keywords/consumption-smoothing","display_name":"consumption smoothing","score":0.6790000200271606},{"id":"https://openalex.org/keywords/bankruptcy","display_name":"bankruptcy","score":0.5559999942779541},{"id":"https://openalex.org/keywords/young-households","display_name":"young households","score":0.6159999966621399},{"id":"https://openalex.org/keywords/credit-market-regulation","display_name":"credit market regulation","score":0.5509999990463257}],"concepts":[{"id":"https://openalex.org/C69637215","wikidata":"https://www.wikidata.org/wiki/Q702362","display_name":"Default","level":2,"score":0.7827937006950378},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.625639796257019},{"id":"https://openalex.org/C2983355114","wikidata":"https://www.wikidata.org/wiki/Q161380","display_name":"Credit card","level":3,"score":0.6233477592468262},{"id":"https://openalex.org/C90992651","wikidata":"https://www.wikidata.org/wiki/Q933132","display_name":"Credit default swap index","level":5,"score":0.5990900993347168},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5649642944335938},{"id":"https://openalex.org/C2777764128","wikidata":"https://www.wikidata.org/wiki/Q189539","display_name":"Loan","level":2,"score":0.5564238429069519},{"id":"https://openalex.org/C504631918","wikidata":"https://www.wikidata.org/wiki/Q152074","display_name":"Bankruptcy","level":2,"score":0.5413742661476135},{"id":"https://openalex.org/C174957148","wikidata":"https://www.wikidata.org/wiki/Q5183765","display_name":"Credit card interest","level":4,"score":0.5319949388504028},{"id":"https://openalex.org/C24308983","wikidata":"https://www.wikidata.org/wiki/Q5183781","display_name":"Credit reference","level":3,"score":0.5296886563301086},{"id":"https://openalex.org/C68842666","wikidata":"https://www.wikidata.org/wiki/Q1070699","display_name":"Credit history","level":2,"score":0.5160379409790039},{"id":"https://openalex.org/C170119771","wikidata":"https://www.wikidata.org/wiki/Q2132363","display_name":"Installment credit","level":5,"score":0.5062436461448669},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.464633971452713},{"id":"https://openalex.org/C205208723","wikidata":"https://www.wikidata.org/wiki/Q372765","display_name":"Credit rating","level":2,"score":0.45627397298812866},{"id":"https://openalex.org/C71387314","wikidata":"https://www.wikidata.org/wiki/Q494128","display_name":"Non-performing loan","level":3,"score":0.4396742880344391},{"id":"https://openalex.org/C73283319","wikidata":"https://www.wikidata.org/wiki/Q1416617","display_name":"Financial system","level":1,"score":0.4395497739315033},{"id":"https://openalex.org/C26457952","wikidata":"https://www.wikidata.org/wiki/Q1655033","display_name":"iTraxx","level":5,"score":0.42376935482025146},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.4104555547237396},{"id":"https://openalex.org/C178350159","wikidata":"https://www.wikidata.org/wiki/Q162714","display_name":"Credit risk","level":2,"score":0.4021713137626648},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3294530510902405},{"id":"https://openalex.org/C31348098","wikidata":"https://www.wikidata.org/wiki/Q3423719","display_name":"Credit enhancement","level":4,"score":0.3000585436820984},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.24108052253723145},{"id":"https://openalex.org/C145097563","wikidata":"https://www.wikidata.org/wiki/Q1148747","display_name":"Payment","level":2,"score":0.14746713638305664}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:hka:wpaper:2012-014","doi":null,"is_oa":false,"landing_page_url":"http://humcap.uchicago.edu/RePEc/hka/wpaper/Ionescu_Ionescu_2012_interplay-student-loans-credit.pdf","pdf_url":"http://humcap.uchicago.edu/RePEc/hka/wpaper/Ionescu_Ionescu_2012_interplay-student-loans-credit.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:119235769","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:hka:wpaper:2012-014","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W1592958377","https://openalex.org/W1965222047","https://openalex.org/W1979493937","https://openalex.org/W1986119538","https://openalex.org/W1996831100","https://openalex.org/W2040604502","https://openalex.org/W2047511771","https://openalex.org/W2088873759","https://openalex.org/W2096218604","https://openalex.org/W2121373611","https://openalex.org/W2128754415","https://openalex.org/W2128967674","https://openalex.org/W2141338042","https://openalex.org/W2171036238","https://openalex.org/W3123009450","https://openalex.org/W3123464949","https://openalex.org/W3123591829","https://openalex.org/W3125209152"],"related_works":["https://openalex.org/W32312710","https://openalex.org/W2228409227","https://openalex.org/W7111807778","https://openalex.org/W3177207010","https://openalex.org/W3005508679","https://openalex.org/W2519530971","https://openalex.org/W3029368626","https://openalex.org/W1537846714","https://openalex.org/W7101079279","https://openalex.org/W1173005345"],"abstract_inverted_index":{"We":[0,100,122,205],"analyze,":[1],"theoretically":[2],"and":[3,14,34,45,57,108,200,223],"quantitatively,":[4],"the":[5,32,35,46,55,58,65,70,89,93,102,110,125,129,150,157,160,166,169,208],"interactions":[6],"between":[7,128],"two":[8,130],"different":[9],"forms":[10],"of":[11,20,26,49,64,79,104,119],"unsecured":[12],"credit":[13,27,29,50,71,142,161,180,188,231],"their":[15],"implications":[16],"for":[17,172],"default":[18,36,59,85,135,170],"behavior":[19],"young":[21],"U.S.":[22,33,56,66],"households.":[23],"One":[24],"type":[25,48],"mimics":[28,51],"cards":[30],"in":[31,54,88,152,159,168,175,224,226],"option":[37,60],"resembles":[38,61],"a":[39,77,96,105,114],"bankruptcy":[40],"filing":[41],"under":[42,112],"Chapter":[43,62],"7":[44],"other":[47],"student":[52,90,137,173,184,195,202,216],"loans":[53,138,174,196,217],"13":[63],"Bankruptcy":[67],"Code.":[68],"In":[69],"card":[72,143,162,181,189,232],"market":[73,92,163],"financial":[74],"intermediary":[75],"offers":[76],"menu":[78],"interest":[80,98],"rates":[81],"based":[82],"on":[83,117,136,141,212,215,220],"individual":[84],"risk,":[86],"whereas":[87],"loan":[91,185,203],"government":[94],"sets":[95],"fix":[97],"rate.":[99],"prove":[101],"existence":[103],"steady-state":[106],"equilibrium":[107],"characterize":[109],"circumstances":[111],"which":[113],"household":[115],"defaults":[116],"each":[118],"these":[120],"loans.":[121],"demonstrate":[123],"that":[124,149,207],"institutional":[126],"differences":[127],"markets":[131,190],"make":[132],"borrowers":[133,192],"prefer":[134],"rather":[139],"than":[140],"debt.":[144],"Our":[145],"quantitative":[146],"analysis":[147],"shows":[148],"increase":[151,167],"college":[153],"debt":[154,182],"together":[155],"with":[156,193,229],"changes":[158],"fully":[164],"explain":[165],"rate":[171],"recent":[176,209],"years.":[177],"While":[178],"having":[179],"increases":[183],"default,":[186],"loose":[187],"help":[191],"large":[194],"smooth":[197],"out":[198],"consumption":[199],"reduce":[201],"default.":[204],"find":[206],"2010":[210],"reform":[211],"income-based":[213],"repayment":[214],"is":[218],"justified":[219],"welfare":[221],"grounds,":[222],"particular,":[225],"an":[227],"economy":[228],"tight":[230],"markets.":[233]},"counts_by_year":[],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
