Will Matcham

@willmatcham.bsky.social

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Economist specialising in IO, household finance, and innovation. PhD Economics from LSE; AP at RHUL https://willmatcham.com

plot showing two features. First, under EU regulation, credit card interest rates are flat along customers' interest rate elasticity, for both high- and low-risk types. Second, when regulation is relaxed, lenders give higher interest rates for inelastic borrowers, and do this in the same way for high- and low-risk types.