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Journal of Economic Structures

The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 2 Summary on average variables (SD): randomization

From: Effects of balance transfer offers on consumer short-term finance: evidence from credit card data

Offer ID

OBS

Spending

Payment

Finance charge

Fee

EFX #

CCC limit

EFX limit

Behavior score

FICO score

CCC U ratio

EFX U ratio

PD = 6, fee > 0

            

 A1

2655

76.46

396.4

12.44

6.39

15.16

9103.84

95,706.73

720.26

735.13

0.34

0.22

  

(218.22)

(535.84)

(20.07)

(8.5)

(6.7)

(3162.1)

(54,546.63)

(87.77)

(45.04)

(0.31)

(0.18)

 A2

4498

72.56

365.25

13.41

6.56

15.06

9257.39

93,996.23

718.75

734.17

0.35

0.23

  

(215.95)

(507.28)

(20.84)

(8.19)

(6.67)

(3164.14)

(61,903.35)

(89.07)

(45.32)

(0.31)

(0.19)

 A3

4408

82.08

377.22

13.17

6.44

14.96

9151.71

93,294.35

715.93

736.23

0.34

0.22

  

(236.61)

(521.27)

(21.37)

(8.00)

(6.42)

(3237.94)

(53,889.72)

(101.01)

(45.62)

(0.31)

(0.18)

 A4

6223

73.3

393.21

12.59

6.46

15.34

9217.08

96,764.03

716.51

734.2

0.34

0.23

  

(212.19)

(551.76)

(20.59)

(8.43)

(6.76)

(3320.66)

(55,668.14)

(101.35)

(45.62)

(0.31)

(0.19)

 A5

6136

78.08

398.92

11.94

6.42

15.32

9271.33

96,735.26

716.44

735.36

0.33

0.22

  

(251.07)

(574.58)

(19.1)

(8.75)

(6.73)

(3229.4)

(55,168.71)

(102.81)

(45.57)

(0.31)

(0.18)

 A6

9700

74.72

396.58

13.43

6.52

15.24

9216.1

95,592.34

715.25

733.46

0.35

0.23

  

(217.06)

(551.98)

(21.04)

(8.41)

(6.6)

(3214.46)

(54,817.47)

(102.38)

(45.92)

(0.31)

(0.19)

PD = 12

            

 B1

1064

70.6

384.86

11.88

5.64

15.73

9135.58

100,049

712.1

737.06

0.33

0.21

  

(214.94)

(538.81)

(19.56)

(7.33)

(7.11)

(3146.04)

(60,759.39)

(109.9)

(46.31)

(0.31)

(0.18)

 B2

1036

77.72

361.84

12.27

5.75

15.61

9380.2

97,893.76

717.33

735.9

0.32

0.21

  

(218.26)

(525.56)

(21.05)

(7.95)

(7.09)

(3298.71)

(57,107.46)

(98.78)

(45.99)

(0.31)

(0.17)

 B3

1347

80.71

375.09

13.55

6.22

15.29

9300.1

97,659.89

712.92

734.64

0.34

0.23

  

(219.76)

(516.1)

(22.62)

(8.67)

(6.75)

(3335.64)

(54,843.3)

(107.98)

(45.12)

(0.31)

(0.19)

 B4

1389

84.7

400.23

12.39

6.07

15.57

9189.92

97,745.82

714.97

734.54

0.34

0.22

  

(304.77)

(602.02)

(19.74)

(8.3)

(6.64)

(3306.11)

(55,220.25)

(99.47)

(45.17)

(0.31)

(0.18)

 B5

3555

78.89

396.82

12.02

6.11

15.35

9188.41

95,946.86

715.71

736.21

0.33

0.22

  

(330.27)

(573.31)

(19.92)

(8.08)

(6.69)

(3417.21)

(54,441.75)

(106.55)

(46.42)

(0.31)

(0.18)

 B6

3539

78.47

398.06

12

6.33

15.2

9212.76

95,023.18

714.77

735.59

0.32

0.22

  

(238.88)

(543.97)

(19.63)

(8.1)

(6.65)

(3279.15)

(54,251.05)

(108.9)

(46.49)

(0.31)

(0.19)

PD = 6, fee = 0

            

 C1

900

77.7

399.71

11.41

5.84

15.8

8993.37

98,151.34

719.05

733.98

0.33

0.22

  

(238.94)

(569.94)

(18.56)

(8.07)

(7.13)

(3144.52)

(56,629.13)

(95.38)

(44.53)

(0.31)

(0.18)

 C2

1511

67.2

376.22

12.79

5.8

15.63

9066.08

97,856.38

714.85

734.12

0.34

0.22

  

(191.03)

(527.05)

(21.01)

(7.88)

(6.87)

(3320.31)

(56,867.17)

(100.76)

(45.01)

(0.32)

(0.18)

 C3

2453

78.41

380.17

11.74

5.86

15.28

9073.6

97,031.46

716

736.06

0.33

0.21

  

(223.88)

(541.77)

(19.28)

(8.43)

(6.7)

(3179.83)

(55,483.3)

(100.69)

(45.92)

(0.31)

(0.18)

 C4

3284

75.11

401.2

12.34

6.16

15.62

9221.56

98,831.53

718.96

735.63

0.33

0.22

  

(257.75)

(552.42)

(20.75)

(8.22)

(6.76)

(3226.12)

(56,721.18)

(96.1)

(45.36)

(0.31)

(0.19)

 C5

5222

73.01

388.11

12.43

5.98

15.23

9097.63

95,396.22

717.81

735.05

0.33

0.22

  

(223.28)

(526.62)

(20.53)

(8.00)

(6.72)

(3169.88)

(54,279.03)

(98.68)

(46.55)

(0.31)

(0.18)

 C6

7292

78.82

394.55

12.9

6.35

15.28

9149.56

95,180.84

716.05

733.87

0.34

0.22

  

(256.17)

(562.74)

(20.94)

(8.58)

(6.7)

(3271.27)

(54,949.7)

(101.05)

(45.62)

(0.31)

(0.19)

  1. This table documents summary statistics of characteristics. The dataset comes from the monthly billing statement of credit card accounts and Equifax bureau. All values are averaged over the sample period (January 2005–February 2006). This table also proves the randomization of a dataset. The average values of characteristics in every group are close to each other. The number in parenthesis is SD. OBS stands for the number of observations. EFX # stands for the total number of credit cards from Equifax data. CCC limit stands for a credit card limit in RBS bank. EFX limit stands for a total card limit in Equifax data. Behavior score is the credit score calculated by RBS bank. FICO score is the best known and most widely used credit score which is got from EFX bureau. U ratio utilization ratio
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