Payday Lenders: Heroes or Villains?

By Adair Morse. 2011

353 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/8b45612da450cd42d346cb1026b805858a730593

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Citations in the corpus

Screening Peers Softly: Inferring the Quality of Small Borrowers (2016, neutral): “Given peer-to-peer markets’ ability to effectively screen borrowers, and given their noncollateral-based lending structure, such markets can offer a potential capital source for small borrowers who may otherwise be limited to more costly sources of finance, such as payday lenders and credit-card deb”
Entrepreneurial finance, credit cards, and race☆ (2012, background): “1 For dissenting views, see Petersen and Rajan, (2002) and Hurst and Lusardi (2004).”
Financial Literacy, Financial Education, and Downstream Financial Behaviors (2014, methodology): “Consequently many authors will use instrumental variable analyses only for robustness analysis (e.g., Morse 2011, Larcker and Rusticus 2010), or take the view that estimates using instrumental variables may, in some cases, be more rather than less biased compared to OLS estimates (Bound et al.…”
Bouncing out of the banking system: An empirical analysis of involuntary bank account closures. (2012, neutral): “Similarly, Morse (2007) finds evidence that in communities that experience a natural disaster, the availability of payday lending enhances consumer welfare, including forestalling foreclosures and improving expected health outcomes.”
Information Asymmetries in Consumer Credit Markets: Evidence from Payday Lending (2013, neutral): “There is evidence that loan access may help borrowers smooth negative shocks (Morse, 2011) and avoid financial distress (Morgan and Strain, 2008).”