Plausibly Exogenous [1541] - Taxation (04/21/2024)
LHS Variable
Lending rates
RHS Variable
Marginal cost
Source of Exogenous Variation
In 2014, SOLCA tax in Ecuador— all new loans granted by private banks now carry a tax of 0.5% of the value of transaction
- Brugués and De Simone (2024), “Taxation when markets are not competitive: Evidence from a loan tax”