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I study the effect of access to payday loans on the timing, level and composition of consumption. Using a newly obtained military administrative dataset of sales at on-base grocery and department stores, I examine how consumption behavior changes after the passage of a federal law that...
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Macedonia. The motivation stems from the expectation that different kind of borrowers might vary in terms of the use of credit … households' credits might induce and the positive impact that corporate credit might have on the overall productivity and …
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, the Central Government and the Reserve Bank of India have been making efforts to enhance institutional credit in rural … areas particularly to assist in agricultural operations. It began with the enactment of the Co-operative Credit Societies … noninstitutional lenders still account for only 36 per cent of the total outstanding agricultural loan, the short-term credit from …
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