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Published in 2020 at "Atlantic Economic Journal"
DOI: 10.1007/s11293-020-09685-z
Abstract: This paper models a consumer loan market with a vertical structure where an upstream monopolist supplies funds to downstream nonbanks. The nonbanks supply funds to consumers in the consumer loans market. An inverse demand function…
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Keywords:
loans market;
market;
partial regulation;
consumer loans ... See more keywords