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Adverse Consequences of the Binding Constitutional Interest Rate Cap in the State of Arkansas

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  • Lukongo, Onyumbe Enumbe
  • Miller, Thomas

    (Mercury Publication)

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  • Lukongo, Onyumbe Enumbe & Miller, Thomas, 2017. "Adverse Consequences of the Binding Constitutional Interest Rate Cap in the State of Arkansas," Working Papers 07446, George Mason University, Mercatus Center.
    • Handle: RePEc:ajw:wpaper:07446
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    References listed on IDEAS

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    1. Brian T. Melzer, 2011. "The Real Costs of Credit Access: Evidence from the Payday Lending Market," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(1), pages 517-555.
    2. McKernan, Signe-Mary & Ratcliffe, Caroline & Kuehn, Daniel, 2013. "Prohibitions, price caps, and disclosures: A look at state policies and alternative financial product use," Journal of Economic Behavior & Organization, Elsevier, vol. 95(C), pages 207-223.
    3. Oren Rigbi, 2013. "The Effects of Usury Laws: Evidence from the Online Loan Market," The Review of Economics and Statistics, MIT Press, vol. 95(4), pages 1238-1248, October.
    4. Zinman, Jonathan, 2010. "Restricting consumer credit access: Household survey evidence on effects around the Oregon rate cap," Journal of Banking & Finance, Elsevier, vol. 34(3), pages 546-556, March.
    5. Durkin, Thomas A. & Elliehausen, Gregory & Staten, Michael E. & Zywicki, Todd J., 2014. "Consumer Credit and the American Economy," OUP Catalogue, Oxford University Press, number 9780195169928.
    6. Christopher H. Wheeler, 2001. "A Note on the Spatial Correlation Structure of County‐Level Growth in the U.S," Journal of Regional Science, Wiley Blackwell, vol. 41(3), pages 433-449, August.
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    Cited by:

    1. Onyumbe E. Lukongo & Thomas Miller, 2018. "Evaluating the Spatial Consequence of Interest Rate Ceiling Using a Spatial Regime Change Approach," The American Economist, Sage Publications, vol. 63(2), pages 166-186, October.
    2. Miller, Thomas, 2019. "How Do Small-Dollar, Nonbank Loans Work?," Annals of Computational Economics, George Mason University, Mercatus Center, April.

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