Consumer Financial Protection

被引：197

作者：

Campbell, John Y. ^{[1
]}

Jackson, Howell E. ^{[1
]}

Madrian, Brigitte C. ^{[2
]}

Tufano, Peter ^{[3
]}

机构：

[1] Harvard Univ, Harvard Law Sch, Cambridge, MA 02138 USA

[2] Harvard Univ, Harvard Kennedy Sch, Cambridge, MA 02138 USA

[3] Harvard Univ, Harvard Business Sch, Cambridge, MA 02138 USA

来源：

JOURNAL OF ECONOMIC PERSPECTIVES | 2011年 / 25卷 / 01期

关键词：

The recent financial crisis has led many to question how well businesses deliver services and how well regulatory institutions address problems in consumer financial markets. This paper discusses consumer financial regulation; emphasizing the full range of arguments for regulation that derive from market failure and from limited consumer rationality in financial decision making. We present three case studies-of mortgage markets; payday lending; and financing retirement consumption-to illustrate the need for; and limits of; regulation. We argue that if regulation is to be beneficial; it must be tailored to specific problems and must be accompanied by research to measure the effectiveness of regulatory interventions; PAYDAY; LITERACY; MYOPIA; COSTS; LAW;

D O I：

10.1257/jep.25.1.91

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

引用

页码：91 / 113

页数：23

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