economist. behavioural scientist. researcher. londoner in the Netherlands. traveller. all opinions expressed are mine and retweets are not endorsements
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#BNPL has seen a massive growth worldwide over the last few years, spurred on by seamless tech and online shopping habits. Some policymakers are concerned that, despite the providers claims, #BNPL could be storing up debt problems for the future
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Apr 26, 2019 • 13 tweets • 5 min read
A short thread on an updated WP published in @nberpubs: Testing the effectiveness of consumer financial disclosure. With @stefanhunt, Christopher Palmer (@MITSloan) and Redis Zaliuaskas.
#EconTwitter#BehavioralEconomics#RCT (1/n)
Savings accounts are widespread (93% of UK pop.) and important (deposits total ~£700bn). Instant access savings accounts are the most common form of saving in the UK and are relatively simple - most people say the interest rate is the most important feature (2/n)