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Race and Jobs

Taxes Make Smokers Happy

The Second Attempt Made the Difference

The Second Attempt Made the Difference

Identifying Information Asymmetries in a Consumer Credit Market in South Africa

Researchers sought to understand different types of information asymmetries and how they relate to loan default rates in South Africa. Borrowers given high interest rates had a greater incentive to default as it was more costly to repay the loan, but there was little evidence that borrowers...