But Zinman’s data moved beyond that basic fact. The condition of Arizona, Oregon’s next-door neighbor toward north, have thought about moving the same laws that would cap rates, nonetheless it didn’t.
ZINMAN: So we have a setup for a good all-natural test around. You may have two surrounding reports, comparable in a lot of steps. One passed a law, another regarded as moving a law, but didn’t quite go it.
This enable Zinman compare facts from two shows observe what goes on, if everything, whenever payday-loan retailers disappear completely. Continue reading