Construct · 1 fields · 1 citations

payment/interest bias: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed

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Household finance

the tendency to misjudge loan interest rates from monthly payment information, which lending disclosure rules aim to correct.

In household finance, payment/interest bias refers to the tendency to misjudge loan interest rates from monthly payment information, which lending disclosure rules aim to correct. This meaning comes from Stango (2011) in Review of Financial Studies.[1]

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Nearby constructs

bias6 fields · 8 citationsjingle · one name, six constructs disclosure6 fields · 14 citationsjingle · one name, six constructs household finance1 fields · 1 citationsanchor · a standalone construct

References

Stango, V., & Zinman, J. (2011). Fuzzy Math, Disclosure Regulation, and Market Outcomes: Evidence from Truth-in-Lending Reform. Review of Financial Studies, 24(2), 506-534. https://doi.org/10.1093/rfs/hhq089

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