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The determinants that are internal of policy use posits that governments adopt policies in line with the socioeconomic

The determinants that are internal of policy use posits that governments adopt policies in line with the socioeconomic

The Community for Personal Work and Analysis

and governmental characteristics regarding the state. Hence, it had been hypothesized that state governments’ liberal governmental ideology would be adversely associated with the APRs, controlling for three macroeconomic control factors.

This research had been relational and used a multivariate ordinary minimum squares regression analysis with White’s robust standard errors. Using purposive sampling practices, this cross-sectional study contained information for 45 associated with 50 US states, excluding the five states that didn’t have maximum payday loan APRs.