Plausibly Exogenous [846] - Investing in IT (05/14/2022)
LHS Variable
IT spending
RHS Variable
Demand for small business credit
Source of Exogenous Variation
Special program called the “Small Business Health Care Tax Credit” in the Affordable Care Act enacted between 2014 and 2015, which offered tax credit to small business employers who pay health insurance premia on behalf of employees and boosted local small businesses’ credit demand
- He, Jiang, Xu, and Yin (2021), “Investing in Lending Technology: IT Spending in Banking”