• John Y. Campbell


The Regulation of Consumer Financial Products: An Introductory Essay with a Case Study on Payday Lending. Howell Jackson, John Y. Campbell, 2011, Book Chapter. "Recent economic events have focused attention on the financial decisions made by consumers and the practices of retail financial institutions. Many argue that consumer confusion in the increasingly complex mortgage market contributed to the subprime market meltdown of 2007, which in turn triggered the global financial crisis. More generally, there is widespread concern that consumers are being asked to take increasing responsibility for their own financial well-being in retirement and that many households are ill prepared for this task." Link