The Impact of Public Policy on Consumer Credit

The Impact of Public Policy on Consumer Credit

4.11 - 1251 ratings - Source

As both the twenty-first century and the new millennium opened and the old eras passed into history, individuals and organizations throughout the world advanced their listings of the most significant people and events in their respective specialties. Possibly more important, the tum of the clock and calendar also offered these same observers a good reason to glance into the crystal ball. Presumably, the past is of greatest interest to most people when it permits better understanding of the present, and maybe even limited insight into the outlook. In keeping with the reflective mood of the time, the staff and friends of the Credit Research Center (CRC) at Georgetown University's McDonough School of Business noted that the beginning of the new millennium also marked the beginning of the second quarter-century of the Center's existence. The Center began at the Krannert Graduate School of Management at Purdue University in 1974 and moved to the McDonough School of Business at Georgetown University in 1997. The silver anniversary of its founding offered the occasion for creating more than another listing of significant past accomplishments and milestones. Rather, it offered the opportunity and, indeed, a mandate for CRC as an academic research center, to undertake a retrospective and future look into the status of research questions pertaining to consumer credit markets. For this reason, the Center organized a research conference which was held in Washington, D. C.Paquette, Lynn, a€œEstimating Household Debt Service Payments, a€ Quarterly Review, Federal Reserve Bank of New York, Summer 1986. ... To obtain the debt service burden series, payments are calculated separately for each type of closed-end debt and for revolving debt, and ... loan category are calculated, and these three components are fed into a payment calculator to determine the payment for eachanbsp;...

Title:The Impact of Public Policy on Consumer Credit
Author:Thomas A. Durkin, Michael E. Staten
Publisher:Springer Science & Business Media - 2012-12-06


You Must CONTINUE and create a free account to access unlimited downloads & streaming