This new excluded interaction regarding activities ‘s the 6th decile, the decile where the credit rating threshold try located in the RD design

Dining table account OLS regression estimates for consequences variables written in line titles. Take to of the many pay day loan programs. More control details perhaps not found: decades, ages squared, gender, marital position dummies (married, divorced/separated, single), websites month-to-month income, month-to-month leasing/mortgage repayment, amount of pupils, casing tenure dummies (resident versus home loan, home owner having home loan, renter), degree dummies (senior high school or straight down, school, university), employment dummies (operating, out of work, outside of the labor pool). * indicates mathematical benefit during the 5% top, ** during the step one% top, and you will *** in the 0.1% peak.

The fresh new omitted interaction throughout the models is the 6th decile, which is the decile where the credit score tolerance try found in the RD build

Dining table profile OLS regression rates to have lead parameters written in column headings. Decide to try of all pay day loan apps. Additional control variables not shown: years, ages squared, sex, marital position dummies (partnered, divorced/separated, single), net month-to-month income, month-to-month local rental/mortgage repayment, level of youngsters, construction period dummies (resident versus financial, home owner with financial, renter), education dummies (senior high school otherwise all the way down, college, university), a job dummies (employed, unemployed, out of the work force). * indicates statistical benefit at 5% top, ** at step 1% level, and *** on 0.1% height. ادامه مطلب