Abuses based on the deficit of information in financial markets: the case of presenting the interest rate in basic financial offers Online publication date: Fri, 23-Oct-2020
by Bożena Frączek
International Journal of Monetary Economics and Finance (IJMEF), Vol. 13, No. 5, 2020
Abstract: The paper touches the problem of abuse in financial market in form of lack of transparency of information regarding financial terms of basic financial offers: deposits and credits. The research confirmed the discrepancy between the important role of the interest rate determining the financial behaviours and a lack of understanding of its essence. Case studies and analysis confirm that this may result in providing the incomplete or inaccurate information regarding interest rates influencing financial decision making.
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