This study tests the effectiveness of behavioral-based disclosure formats. Around 1,700 individuals from Mexico and Peru chose among loans and savings accounts presented in different formats, including a simplified key facts statement (KFS) and current marketing brochures. The study finds that the price elasticity of loans is -1.04 using brochures and -3.19 using the simplified KFS, with smaller effects for savings products. Finally, while financial...
انظر المزيد
تفاصيل
-
2017/10/04
-
ورقة عمل خاصة ببحوث السياسات
-
WPS8210
-
1
-
1
-
2017/10/04
-
Disclosed
-
Information disclosure and demand elasticity of financial products : evidence from a multi-country study
-
Finance & Private Sector Development
تنزيل الملفات
تقرير كامل
نسخة رسمية من الوثيقة (قد تضم توقيعات، الخ)
-
Total Downloads** : 2896