CORDIS Project
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This project investigates how information gaps in credit markets affect household borrowing and consumer goods markets. It aims to analyze the impact of regulations on credit costs and explore the relationship between borrowing constraints and durable goods, particularly in the context of the car market during economic…
This proposal presents three broad projects on information frictions in households' credit markets and on theconsequences of these frictions for durable good markets.
Specifically, an influential theoretical literature ininformation economics has shown that borrowing constraints can arise in equilibrium when borrowers andlenders have asymmetric information about borrowers' risks.
Hence, the first project aims to provide the firstempirical analyses of markets (i.e., demand and supply) with asymme…
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