Regulation of short-term consumer credits
Takalo, Tuomas (08.04.2019)
Tässä tietueessa ei ole tiedostoja, ainoastaan metadata.
Volyymi
20Numero
4 ; December
2019
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201904241159Tiivistelmä
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.