Results in the prior point recommend time-varying negative effects of payday loan on consumers

Results in the prior point recommend time-varying negative effects of payday loan on consumers

step three.step 3 Day-by-times regression discontinuity prices

To put it briefly, we see: (i) borrowing from the bank apps, product holdings and you will balances growing 0-half a year immediately after acquiring the borrowed funds (ii) overlooked costs, default balances, and other outcomes worsening at 6- to twelve-few days views. (more…)

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