Paige Marta Skiba
Biographic Data
| ID | 6758437 |
|---|---|
| NAME | Paige Marta Skiba |
| GIVEN NAMES | Paige Marta |
| FAMILY NAME | Skiba |
| SIGNATURE | SKIBA P M |
| VERIFIED | No |
| TOTAL WORKS | 3 |
| TOTAL CITATIONS | 2 |
| WORKS AS AUTHOR | 3 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2011 |
| LATEST PUBLICATION YEAR | 2024 |
| H-INDEX | 1 |
Installment Loans
Installment loans have increasingly replaced traditional payday loans in the short-term, small-dollar credit market. Installment loans, often offered by the same lenders who provide payday loans, have larger principal amounts, longer repayment periods, and lower interest rates relative to payday loans. Installment loan advocates and some regulators contend that these differences make the loans a more sustainable alternative. We use a data set fro…
The Ticket to Easy Street? The Financial Consequences of Winning the Lottery
This paper examines whether giving large cash transfers to financially distressed people causes them to avoid bankruptcy. A comparison of Florida Lottery winners who randomly received $50, 000 to $150, 000 to small winners indicates that such transfers only postpone bankruptcy rather than prevent it, a result inconsistent with the negative shock model of bankruptcy. Furthermore, the large winners who subsequently filed for bankruptcy had similar …
Regulation and Recent Trends in High-Interest Credit Markets
In this article we review the contested effects of traditional payday loans on borrowers and describe recent regulatory changes to the product. We then provide detail on the institutional features and regulation—to the extent that there is any—of new products emerging to fill demand that remains when payday loans are more strictly regulated. Little is known about the effects of these new loan products on borrowers. What is certain is that state r…
Regulation and Recent Trends in High-Interest Credit Markets
In this article we review the contested effects of traditional payday loans on borrowers and describe recent regulatory changes to the product. We then provide detail on the institutional features and regulation—to the extent that there is any—of new products emerging to fill demand that remains when payday loans are more strictly regulated. Little is known about the effects of these new loan products on borrowers. What is certain is that state r…
Installment Loans
Installment loans have increasingly replaced traditional payday loans in the short-term, small-dollar credit market. Installment loans, often offered by the same lenders who provide payday loans, have larger principal amounts, longer repayment periods, and lower interest rates relative to payday loans. Installment loan advocates and some regulators contend that these differences make the loans a more sustainable alternative. We use a data set fro…
The Ticket to Easy Street? The Financial Consequences of Winning the Lottery
This paper examines whether giving large cash transfers to financially distressed people causes them to avoid bankruptcy. A comparison of Florida Lottery winners who randomly received $50, 000 to $150, 000 to small winners indicates that such transfers only postpone bankruptcy rather than prevent it, a result inconsistent with the negative shock model of bankruptcy. Furthermore, the large winners who subsequently filed for bankruptcy had similar …
Regulation and Recent Trends in High-Interest Credit Markets
In this article we review the contested effects of traditional payday loans on borrowers and describe recent regulatory changes to the product. We then provide detail on the institutional features and regulation—to the extent that there is any—of new products emerging to fill demand that remains when payday loans are more strictly regulated. Little is known about the effects of these new loan products on borrowers. What is certain is that state r…
Business (3 works) · Financial Literacy, Pension, Retirement Analysis (3 works) · Banking stability, regulation, efficiency (2 works) · Economics (2 works) · Finance (2 works) · Financial system (2 works) · Housing Market and Economics (2 works) · Monetary economics (2 works) · Bankruptcy (1 work) · Cash (1 work)