Plausibly Exogenous - Bank Lending (08/16/2021)
LHS Variable
Bank lending
RHS Variable
Deposit funding
Source of Exogenous Variation
2011 reform of the investment income tax in Italy that induced households to substitute bank bonds with deposits
- Carletti, De Marco, Ioannidou, and Sette (2020), “Banks as patient lenders: Evidence from a tax reform”