Are Lemons Sold First? Dynamic Signaling in the Mortgage Market
收藏NBER2018-01-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w24180
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资源简介:
A central result in the theory of adverse selection in asset markets is that informed sellers can signal quality and obtain higher prices by delaying trade. This paper provides some of the first evidence of a signaling mechanism through trade delays using the residential mortgage market as a
提供机构:
美国国家经济研究局
创建时间:
2018-01-01



