Martínez-Miera, David; Jiménez, Gabriel; Peydró, … - 2020
mortgage tax from being levied on borrowers to being levied on banks; (ii) some areas, for historical reasons, were exempt from … – tax pass-through. Second, there is a large heterogeneity in such pass-through: larger for borrowers with lower income, a … smaller number of lending relationships, not working for the lender, or facing less banks in their zip-code, thereby …