Coelho, Christiano A.; Mello, João M.P. De; Funchal, Bruno - In: The Review of Economics and Statistics 94 (2012) 4, pp. 925-934
banks to offer loans with repayment through automatic payroll deduction, which, in effect, turns future income into … collateral. We estimate the impact of the new law using auto loans as a control group. The law has caused a reduction in interest …