Are information disclosure mandates effective? Evidence from the credit card market
- Publisher: Ciudad de México: Banco de México
truth in lending | D12 | D14 | G21 | G02 | G28 | information disclosure | Mexico | credit cards | Credit cards, information disclosure, truth in lending, Mexico. | D83
Consumer protection in financial markets in the form of information disclosure is high on governments agendas, despite the fact that the empirical evidence on its effectiveness is scarce. To measure the impact of Truth-in-Lending-Act-type disclosures on default and inde...