Tan, Andrew K.G.; Yen, Steven T.; Loke, Yiing Jia - In: Journal of Applied Economics XIV (2011) November, pp. 225-255
This paper studies the characteristics of credit card holders in Malaysia and distinguishes between convenience users and revolvers. A Tobit model with binary selection and ordinal treatment is developed to accommodate the data feature that debts are incurred only among card holders and the...