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The Effect of Higher Credit Card Interest Rates on Borrowers’ Demand and Debt in the UK

Gyöngyi Lóránth
Borrowers categorized as subprime, or financially risky, are generally seen as heavily reliant on debt and, consequently, as vulnerable to interest rate increases. Researchers studied the effects of a credit card interest rate increase among low-income subprime borrowers in the UK to assess its...

De-biasing Over-Optimism about Covid-19 Risks to Limit Vulnerable Individuals' Risky Behavior in India

Researchers are evaluating the impact of providing different types of information about the health risks of Covid-19 on individuals’ risky behavior among diabetic and hypertensive individuals in Tamil Nadu, India, with special attention to de-biasing over-optimism about personal health risk.

Promoting High Impact Entrepreneurship in Mexico

A lack of access to finance can impede the potential for growth among small firms. To meet this finance gap and to encourage high-growth entrepreneurship, governments and multilateral agencies throughout the developing world often directly fund small and medium enterprises. Governments, however...