Measuring U.S. Credit Card Borrowing: An Analysis of the G.19's Estimate of Consumer Revolving Credit

Mark J. Furletti, Christopher J Ody

Research output: Working paperDiscussion paper

Abstract

This paper describes the Federal Reserve System's monthly estimate of revolving consumer credit as published in the G.19 statistical release. It analyzes the source data, sampling methods, and calculations on which this estimate currently relies. In addition, it proposes a framework for analyzing the revolving credit statistic and suggests modifications to how the estimate is calculated and presented. The paper concludes that the revolving credit estimate is highly accurate and proposes that the System consider five modifications that would improve its usefulness to researchers.
Original languageEnglish (US)
PublisherSocial Science Research Network (SSRN)
Number of pages35
StatePublished - Apr 2006

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Credit cards
Consumer credit
Borrowing
Credit
Usefulness
Statistics
Data sources
Sampling methods
Federal Reserve

Cite this

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abstract = "This paper describes the Federal Reserve System's monthly estimate of revolving consumer credit as published in the G.19 statistical release. It analyzes the source data, sampling methods, and calculations on which this estimate currently relies. In addition, it proposes a framework for analyzing the revolving credit statistic and suggests modifications to how the estimate is calculated and presented. The paper concludes that the revolving credit estimate is highly accurate and proposes that the System consider five modifications that would improve its usefulness to researchers.",
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Measuring U.S. Credit Card Borrowing : An Analysis of the G.19's Estimate of Consumer Revolving Credit. / Furletti, Mark J.; Ody, Christopher J.

Social Science Research Network (SSRN), 2006.

Research output: Working paperDiscussion paper

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AB - This paper describes the Federal Reserve System's monthly estimate of revolving consumer credit as published in the G.19 statistical release. It analyzes the source data, sampling methods, and calculations on which this estimate currently relies. In addition, it proposes a framework for analyzing the revolving credit statistic and suggests modifications to how the estimate is calculated and presented. The paper concludes that the revolving credit estimate is highly accurate and proposes that the System consider five modifications that would improve its usefulness to researchers.

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BT - Measuring U.S. Credit Card Borrowing

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