This paper studies the role of morality in the decision to repay debts. Using a field experiment with a large Islamic bank in Indonesia, the paper finds that moral appeals strongly increase credit card repayments. In this setting, all of the bank's late-paying credit card customers receive a basic reminder to repay their debt one day after they miss the payment due date. In addition, two days before the end of a ten-day grace period, clients in a...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2015/09/23
-
Рабочий документ в рамках исследования вопросов политики
-
WPS7420
-
1
-
1
-
2015/09/23
-
Disclosed
-
Moral incentives : experimental evidence from repayments of an Islamic credit card
-
Finance & Private Sector Development
ФАЙЛЫ ДЛЯ СКАЧИВАНИЯ
ПОЛНЫЙ ОТЧЕТ
Официальная версия документа (может содержать подписи, и т.д.)