Navegando por Autor "Molero, Lucas Sena"

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    How car rental companies affect car prices?
    (2023) Molero, Lucas Sena
    The car rental sector increased relevance for Brazilian automakers has raised questions on the trade-offs born out of this relationship. Using the covid-19 pandemic as a natural experiment setup and the differences in differences methodology we find that car models that are often sold to car rental companies faced higher depreciation relative to retail-oriented car models during the pandemic. We also find that new car prices behaved similarly for both groups. These results suggests that the trade-off for car manufacturers is limited.