This report is a summary of A Reexamination of Who Wins and Who Loses from Credit Card Payments, which provides an in-depth analysis and reexamination of the theory explored by authors of the Federal Reserve Bank of Boston in 2010 that credit cards and credit card rewards programs lead to a regressive transfer of merchant costs at the point of sale. It examines how sensitive the Boston Fed staff report findings are to variations in the underlying assumptions and modifications to the accounting framework used.
A Reexamination of Who Gains and Who Loses from Credit Card Payments
This report provides an in-depth analysis and reexamination of the theory explored by authors of the Federal Reserve Bank of Boston in 2010 that credit cards and credit card rewards programs lead to a regressive transfer of merchant costs at the point of sale. It examines how sensitive the Boston Fed staff report findings are to variations in the underlying assumptions and modifications to the accounting framework used.
The Value of Credit Cards
A White Paper on Credit Cards and Their Associated Advantages
Credit Card Rewards: Context, History, and Value
This white paper gives a history and context for Credit Card Reward programs.
First Do No Harm: A White Paper on Cardholder and Small Business Operator Views About Credit Card Fees and Surcharges
This paper reflects consumer opinions and small business owner/operator viewpoints on government regulations regarding payment systems in general and credit cards in particular. The paper is based on survey results conducted by PERC and PERC/ORC.
General Response to Criticisms of recent PERC report: U.S. Consumer Credit Reporting: Measuring Accuracy and Dispute Impacts
This is a general response to some misunderstandings and criticisms received regarding the recently released PERC report U.S. Consumer Credit Reporting: Measuring Accuracy and Dispute Impacts.
Economic Fairness Through Smarter Lending: Some Factors to Consider on the Eve of Brazilian Credit Reporting Reform
As the Brazilian congress weighs its options, we survey and analyze the more comprehensive and systematic of the studies to detail important lessons to consider on the eve of credit reporting reform in Brazil.
Economic Impacts of Payment Reporting Participation in Latin America
The study assesses the impact of varying participation rates on access to credit and default rates in Latin America. A series of micro-simulations demonstrates the importance of participation in a private, full-file credit reporting system.
The Impact of Provider- Identifiable Data on Healthcare Quality and Cost
This study examines the uses of provider-identifiable data within the US healthcare system with particular emphasis on the impact of the commercial use of this data on the market for prescription drugs. Impacts on market structure, the operation of the market, and other non-economic variables are also addressed. Additionally, the study explores the role of these data in regulatory compliance and public research.
On the Impact of Credit Payment Reporting on the Financial Sector and Overall Economic Performance in Japan
The study compares the fragmented Japanese consumer credit reporting regime with a hypothetical comprehensive one. Impacts of the varying regimes — each with different types and amounts of payment information available to creditors — upon access to credit and default rates, growth in lending to the private sector and overall economic growth are examined.