dos Examples of consumer safety legislation that have negative effects toward secure
In these instances brand new questioned will set you back out of compulsory user cover, which the bank entry about the consumer, are going to be more than the fresh new consumers’ readiness to cover their unique protection
Prior to all of our theoretical conclusions, all of our empirical show mean that the asked costs regarding individual security was passed away so you can people via the interest rate pass on, that is the difference between this new financing in addition to refinancing appeal price regarding financial banks. (suite…)