Does Increasing Access to Formal Credit Reduce Payday Borrowing?
收藏NBER2020-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27783
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资源简介：
The use of high cost payday loans among subprime borrowers has generated substantial concern among policymakers. This paper provides the first evidence of substitution between alternative and traditional credit by exploiting an unexpected positive shock to traditional credit access among payday loan
提供机构：
美国国家经济研究局
创建时间：
2020-09-01
