LEGISLATION AS WELL AS THE PAY LENDING INDUSTRY day
I might particularly want to thank Mo Xiao on her behalf reviews and guidance throughout my research. I might additionally choose to thank Gautam Gowrisankaran, cost Fishback, Ron Oaxaca, Charles Becker, Kei Hirano, Taylor Jaworski, Mike Matheis, Jessamyn Schaller, Mauricio Varela, and Tieman Wousterson for his or her comments that are useful recommendations. Many thanks to Craig Depken as well as the reviewers for his or her comments that are insightful recommendationsSearch to get more documents by this writer
Department of Company, University of Idaho, Moscow, ID
I’d specially want to thank Mo Xiao on her behalf commentary and guidance throughout my research. I might additionally want to thank Gautam Gowrisankaran, cost Fishback, Ron Oaxaca, Charles Becker, Kei Hirano, Taylor Jaworski, Mike Matheis, Jessamyn Schaller, Mauricio Varela, and Tieman Wousterson due to their helpful reviews and suggestions. Many thanks to Craig Depken while the reviewers with their insightful responses and recommendationsSearch to get more papers by this writer
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Abstract
Utilizing an original, multistate information set and exploiting policy heterogeneity across states and time, we examine typical and marginal outcomes of changing payday‐lending policies on county‐month‐level branch matters between January 2001 and December 2010. Typical outcomes on running branches are blended: the consequences of adopting liquidity needs and charge ceilings are negative although the results of adopting stability and rollover restrictions are good. Adopting stability restrictions decreases brand new branch counts. Marginal results of relaxing rollover ceilings are good for running branches, though negative for new branches. Outcomes highlight the requirement to start thinking about both consumer‐ and producer‐interest views whenever examining the connection between industry and legislation. (JEL L22, G28, D22)
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