<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2248-6046</journal-id>
<journal-title><![CDATA[Revista Finanzas y Política Económica]]></journal-title>
<abbrev-journal-title><![CDATA[Finanz. polit. econ.]]></abbrev-journal-title>
<issn>2248-6046</issn>
<publisher>
<publisher-name><![CDATA[Universidad Católica de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2248-60462019000200299</article-id>
<article-id pub-id-type="doi">10.14718/revfinanzpolitecon.2019.11.2.5</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Efectos de las tarjetas de crédito en la estructura de consumo y la desigualdad de los hogares mexicanos]]></article-title>
<article-title xml:lang="en"><![CDATA[The effects of credit cards on consumption structure and inequality in Mexican households]]></article-title>
<article-title xml:lang="pt"><![CDATA[Efeitos dos cartões de crédito na estrutura de consumo e desigualdade dos lares mexicanos]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ceballos-Mina]]></surname>
<given-names><![CDATA[Owen Eli]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Santiago-Ayala]]></surname>
<given-names><![CDATA[Luis Enrique]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Metropolitana Departamento de Economía ]]></institution>
<addr-line><![CDATA[Azcapotzalco ]]></addr-line>
<country>Mexico</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Colegio de México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2019</year>
</pub-date>
<volume>11</volume>
<numero>2</numero>
<fpage>299</fpage>
<lpage>320</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2248-60462019000200299&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2248-60462019000200299&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2248-60462019000200299&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN En este artículo se analizan los efectos de la tenencia de tarjeta de crédito (TC) sobre la estructura y la distribución del gasto de las familias mexicanas en el 2016. Para ello, se usan regresiones cuantílicas en dos etapas para estimar modelos de los determinantes del consumo y se instrumenta el efecto de las TC por categoría de gasto. Se evidencia así que estas tienen un efecto positivo sobre el consumo agregado, guiado principalmente por el aumento del gasto en salud y rubros menos básicos como vestido, comunicaciones y esparcimiento. A su vez, se encontró que no tienen efectos significativos sobre los gastos en educación y bienes durables. Los efectos de las TC son mayores en la parte alta de la distribución de consumo, por lo que pueden cuestionarse dichos efectos sobre la reducción de la desigualdad y el bienestar futuro de las familias, dadas las condiciones del proceso de inclusión financiera en el país. JEL Classification: C21, D12, D14, G20.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT This paper analyzes the effects of credit card holding on the structure and distribution of household expenditure in Mexico in 2016. To the effect, two-stage quantile regressions are used to estimate models for consumption determinants, using instrumental variables on credit card holding. The study evidences that credit cards have a positive effect on aggregate consumption, driven mainly by increased health expenditure and items such as clothing, communications, and entertainment. Results show that credit card holding does not have statistical effects on education expenditure, nor on durable goods consumption. Also, the effects of credit cards are greater on the top of consumption distribution; thus, the effects of such financial services on the reduction of inequality and the future well-being of families are questioned, given that preconditions for financial inclusion have not been enough.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[RESUMO Neste artigo, são analisados os efeitos da posse de cartão de crédito na estrutura e distribuição das despesas das famílias mexicanas em 2016. Para isso, são usadas regressões quantílicas em duas etapas para estimar modelos dos determinantes do consumo e é instrumentalizado o efeito de ter cartão de crédito por categoria de gasto. Assim, torna-se evidente o efeito positivo sobre o consumo agregado, orientado principalmente pelo aumento do gasto em saúde e despesas menos básicas como vestimenta, comunicações e entretenimento. Por sua vez, foi constatado que não tem efeitos significativos sobre os gastos em educação e bens duráveis. Os efeitos de possuir cartão de crédito são maiores na parte alta da distribuição de consumo, portanto esses efeitos sobre a redução da desigualdade e do bem-estar futuro das famílias podem ser questionados, tendo em vista as condições do processo de inclusão financeira no país.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[bienestar]]></kwd>
<kwd lng="es"><![CDATA[consumo]]></kwd>
<kwd lng="es"><![CDATA[desigualdad]]></kwd>
<kwd lng="es"><![CDATA[hogares mexicanos]]></kwd>
<kwd lng="es"><![CDATA[inclusión financiera]]></kwd>
<kwd lng="es"><![CDATA[tarjetas de crédito]]></kwd>
<kwd lng="en"><![CDATA[Consumption]]></kwd>
<kwd lng="en"><![CDATA[credit cards]]></kwd>
<kwd lng="en"><![CDATA[financial inclusion]]></kwd>
<kwd lng="en"><![CDATA[inequality]]></kwd>
<kwd lng="en"><![CDATA[Mexican household]]></kwd>
<kwd lng="en"><![CDATA[well-being]]></kwd>
<kwd lng="pt"><![CDATA[bem-estar]]></kwd>
<kwd lng="pt"><![CDATA[cartões de crédito]]></kwd>
<kwd lng="pt"><![CDATA[consumo]]></kwd>
<kwd lng="pt"><![CDATA[desigualdade]]></kwd>
<kwd lng="pt"><![CDATA[inclusão financeira]]></kwd>
<kwd lng="pt"><![CDATA[lares mexicanos]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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