Real Effects of Search Frictions in Consumer Credit Markets
收藏NBER2020-01-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26645
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资源简介：
We establish two underappreciated facts about costly search. First, unless demand is perfectly inelastic, search frictions can result in significant deadweight loss by decreasing consumption. Second, whenever cross-price elasticities are non-zero, costly search in one market also affects quantities
提供机构：
美国国家经济研究局
创建时间：
2020-01-01
