For this learn, we assess the wide range of running and newly trained payday loan providers in a county-month from January 2005 to December 2010. Part information for eleven shows is analyzed: Arizona, Idaho, Iowa, Kansas, Missouri, Montana, Nevada, Southern Dakota, South Carolina, Tennessee, and Virginia. All states inside our trial explicitly authorized the process of payday loan providers in our observed periods. 9 the period of time and noticed states are limited due to the access, or absence thereof, of appropriate, branch-level data (including specific go out of initial certification, department address, and big date of part closure, if relevant). The says seen through this study signify an example of says that 1) preserved step-by-step licensing information for requested decades and 2) taken care of immediately ideas needs for permit facts. As a whole, we observe 784 unique areas over 72 several months.
Counties are labeled as either indoors (discussing no external boundary to some other condition) or line, discussing an edge with one or more various other state. Edge counties represent 40 % of one’s trial. Continue reading “Information comprise amassed from state-level agencies responsible for keeping track of, managing and issuing licensees for payday lenders”