Regulation of short-term consumer credits
| Autor: | Tuomas Takalo |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
040101 forestry
Economics and Econometrics Economic research 050208 finance Financial stability Public economics Transparency (market) media_common.quotation_subject 05 social sciences 04 agricultural and veterinary sciences Behavioral economics Interest rate 0502 economics and business 0401 agriculture forestry and fisheries Bond market Business Finance media_common |
| Zdroj: | Journal of Banking Regulation. 20:348-354 |
| ISSN: | 1750-2071 1745-6452 |
| DOI: | 10.1057/s41261-019-00098-w |
| Popis: | The regulation of short-term consumer credit markets is heatedly debated around the world. This article uses economic research as a basis for a qualitative assessment of the regulation of the short-term consumer credit market and discusses the experience of the recent regulations implemented in Finland. According to research, the interest rate ceiling is an inefficient way of regulating the short-term consumer credit market. In contrast, the regulations should be based on price transparency and results from behavioral economics. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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