C Robles-Garcia - Unpublished working paper, 2019 - economics.sas.upenn.edu
Mortgage brokers acting as expert advisors for households often receive commission payments from lenders. This paper analyzes the effects on welfare and market structure of …
The chapter has ten sections, which cover the theory of two-sided markets and related empirical work. Section 1 introduces the reader to the literature. Section 2 covers the case of …
I Perrigne, Q Vuong - Annual Review of Economics, 2019 - annualreviews.org
This review surveys the growing literature on the econometrics of first-price sealed-bid auctions and nonlinear pricing. The complexity of the economic models has initiated fruitful …
JI Cuesta, A Sepúlveda - Available at SSRN 3282910, 2021 - papers.ssrn.com
Interest rate caps are widespread in consumer credit markets, yet there is limited evidence on its effects on market outcomes and welfare. Conceptually, the effects of interest rate caps …
We provide a framework for empirical analysis of negotiated-price markets. Using mortgage market data and a search and negotiation model, we characterize the welfare impact of …
This paper describes a framework to estimate the marginal cost of air pollution regulation, then applies it to assess whether a large set of existing US air pollution regulations have …
This chapter provides an overview of the recent and growing econometric literature studying how consumers search for products. We begin with a brief review of theoretical models of …
We study the interaction of search and application approval in credit markets. We combine a unique dataset, which details search behavior for a large sample of mortgage borrowers …
This paper studies the intermediation of auto loans through auto dealers using new and comprehensive administrative data. The arrangements between auto dealers and lenders …