We study the effects of asymmetric information and imperfect competition in the market for small business lines of credit. We estimate a structural model of credit demand, loan use, pricing, and firm
This is the replication package that prepares the data sets used in “Salience and Taxation with Imperfect Competition” and runs all the analyses used in the data using Stata
Standard policies to correct market power and selection can be misguided when these two forces co-exist. Using a calibrated model of employer-sponsored health insurance, we show that the risk adjustme
This is the replication package that prepares the data sets used in “Salience and Taxation with Imperfect Competition” and runs all the analyses used in the data using Stata