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American Economic Review: Vol. 99 No. 2 (May 2009)

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Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?

Article Citation

Agarwal, Sumit, Paige Marta Skiba, and Jeremy Tobacman. 2009. "Payday Loans and Credit Cards: New Liquidity and Credit Scoring Puzzles?" American Economic Review, 99(2): 412-17.

DOI: 10.1257/aer.99.2.412

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Link to Appendix (46.68 KB)

Authors

Agarwal, Sumit (Federal Reserve Bank of Chicago)
Skiba, Paige Marta (Vanderbilt U)
Tobacman, Jeremy (U PA)

JEL Classifications

D14: Personal Finance
G21: Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages


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