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This study investigates determinants of financial behavior (FB) of university students at a university in South Africa … of university students differ by financial literacy level. Data were gathered via a questionnaire that included personal … and time preferences experiment tasks. A convenient total sample of 191 students (females = 53%) participated in the study …
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We build a framework to understand the effects of regulatory interventions in credit markets, such as caps on interest rates and higher compliance costs for lenders. We focus on the credit card market, in which we observe U.S. consumers borrowing at high and very dispersed interest rates,...
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