interest rates

Evidence from Mexico shows that job loss and employment instability – rather than high interest rates or minimum payment rules – are more important drivers of credit card default among new borrowers, suggesting that social protection may be more effe...

A cap on corporate loan interest rates in Bangladesh led to an increase in lending–without rationing credit to riskier borrowers–indicating banks have substantial upfront market power. What are the implications for interest rate regulation in develop...

Even when street vendors are freed from debt and educated about the benefits of saving, they go back to borrowing from moneylenders at exorbitant rates