Financial (Dis-)Information: Evidence from an Audit Study in Mexico
An audit study was conducted in peri-urban Mexico to understand the quality of information and products offered to low-income potential customers. Trained auditors visited multiple financial institutions seeking credit and savings products. Consistent with Gabaix and Laibson (2006), staff voluntaril...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
2014
|
| Links: | https://doi.org/10.1596/1813-9450-6902 |
| Zusammenfassung: | An audit study was conducted in peri-urban Mexico to understand the quality of information and products offered to low-income potential customers. Trained auditors visited multiple financial institutions seeking credit and savings products. Consistent with Gabaix and Laibson (2006), staff voluntarily provides little information about avoidable fees, especially to auditors trained to reveal little knowledge about the market. In addition, clients are almost never offered the cheapest product, most likely because staff is incentivized to offer more expensive products that are thus more profitable to the institution. This suggests that disclosure and transparency policies may be ineffective if they undermine the commercial interest of financial institutions |
| Umfang: | 1 Online-Ressource (26 p) |
| DOI: | 10.1596/1813-9450-6902 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV048266335 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 220609s2014 xx o|||| 00||| eng d | ||
| 024 | 7 | |a 10.1596/1813-9450-6902 |2 doi | |
| 035 | |a (ZDB-1-WBA)NLM010339906 | ||
| 035 | |a (OCoLC)1334048730 | ||
| 035 | |a (DE-599)GBVNLM010339906 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-12 |a DE-521 |a DE-573 |a DE-523 |a DE-Re13 |a DE-19 |a DE-355 |a DE-703 |a DE-91 |a DE-706 |a DE-29 |a DE-M347 |a DE-473 |a DE-824 |a DE-20 |a DE-739 |a DE-1043 |a DE-863 |a DE-862 | ||
| 100 | 1 | |a Giné, Xavier |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Financial (Dis-)Information |b Evidence from an Audit Study in Mexico |c Xavier Giné |
| 264 | 1 | |a Washington, D.C |b The World Bank |c 2014 | |
| 300 | |a 1 Online-Ressource (26 p) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 520 | |a An audit study was conducted in peri-urban Mexico to understand the quality of information and products offered to low-income potential customers. Trained auditors visited multiple financial institutions seeking credit and savings products. Consistent with Gabaix and Laibson (2006), staff voluntarily provides little information about avoidable fees, especially to auditors trained to reveal little knowledge about the market. In addition, clients are almost never offered the cheapest product, most likely because staff is incentivized to offer more expensive products that are thus more profitable to the institution. This suggests that disclosure and transparency policies may be ineffective if they undermine the commercial interest of financial institutions | ||
| 700 | 1 | |a Cuellar, Cristina Martínez |4 oth | |
| 700 | 1 | |a Mazer, Rafael Keenan |4 oth | |
| 700 | 1 | |a Giné, Xavier |4 oth | |
| 776 | 0 | 8 | |i Giné, Xavier |a Financial (Dis-)Information |
| 856 | 4 | 0 | |u https://doi.org/10.1596/1813-9450-6902 |x Verlag |z kostenfrei |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033646529 | |
Datensatz im Suchindex
| DE-BY-TUM_katkey | 2817555 |
|---|---|
| _version_ | 1821937175198957571 |
| any_adam_object | |
| author | Giné, Xavier |
| author_facet | Giné, Xavier |
| author_role | aut |
| author_sort | Giné, Xavier |
| author_variant | x g xg |
| building | Verbundindex |
| bvnumber | BV048266335 |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)NLM010339906 (OCoLC)1334048730 (DE-599)GBVNLM010339906 |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1596/1813-9450-6902 |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>02014nam a2200349zc 4500</leader><controlfield tag="001">BV048266335</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220609s2014 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1596/1813-9450-6902</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)NLM010339906</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1334048730</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM010339906</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-523</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-1043</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Giné, Xavier</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Financial (Dis-)Information</subfield><subfield code="b">Evidence from an Audit Study in Mexico</subfield><subfield code="c">Xavier Giné</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, D.C</subfield><subfield code="b">The World Bank</subfield><subfield code="c">2014</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (26 p)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">An audit study was conducted in peri-urban Mexico to understand the quality of information and products offered to low-income potential customers. Trained auditors visited multiple financial institutions seeking credit and savings products. Consistent with Gabaix and Laibson (2006), staff voluntarily provides little information about avoidable fees, especially to auditors trained to reveal little knowledge about the market. In addition, clients are almost never offered the cheapest product, most likely because staff is incentivized to offer more expensive products that are thus more profitable to the institution. This suggests that disclosure and transparency policies may be ineffective if they undermine the commercial interest of financial institutions</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Cuellar, Cristina Martínez</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Mazer, Rafael Keenan</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Giné, Xavier</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Giné, Xavier</subfield><subfield code="a">Financial (Dis-)Information</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1596/1813-9450-6902</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033646529</subfield></datafield></record></collection> |
| id | DE-604.BV048266335 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:40:09Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033646529 |
| oclc_num | 1334048730 |
| open_access_boolean | 1 |
| owner | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| owner_facet | DE-12 DE-521 DE-573 DE-523 DE-Re13 DE-BY-UBR DE-19 DE-BY-UBM DE-355 DE-BY-UBR DE-703 DE-91 DE-BY-TUM DE-706 DE-29 DE-M347 DE-473 DE-BY-UBG DE-824 DE-20 DE-739 DE-1043 DE-863 DE-BY-FWS DE-862 DE-BY-FWS |
| physical | 1 Online-Ressource (26 p) |
| psigel | ZDB-1-WBA |
| publishDate | 2014 |
| publishDateSearch | 2014 |
| publishDateSort | 2014 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Giné, Xavier Financial (Dis-)Information Evidence from an Audit Study in Mexico |
| title | Financial (Dis-)Information Evidence from an Audit Study in Mexico |
| title_auth | Financial (Dis-)Information Evidence from an Audit Study in Mexico |
| title_exact_search | Financial (Dis-)Information Evidence from an Audit Study in Mexico |
| title_full | Financial (Dis-)Information Evidence from an Audit Study in Mexico Xavier Giné |
| title_fullStr | Financial (Dis-)Information Evidence from an Audit Study in Mexico Xavier Giné |
| title_full_unstemmed | Financial (Dis-)Information Evidence from an Audit Study in Mexico Xavier Giné |
| title_short | Financial (Dis-)Information |
| title_sort | financial dis information evidence from an audit study in mexico |
| title_sub | Evidence from an Audit Study in Mexico |
| url | https://doi.org/10.1596/1813-9450-6902 |
| work_keys_str_mv | AT ginexavier financialdisinformationevidencefromanauditstudyinmexico AT cuellarcristinamartinez financialdisinformationevidencefromanauditstudyinmexico AT mazerrafaelkeenan financialdisinformationevidencefromanauditstudyinmexico |