Catherine Casamatta,Rui xiong, Matthieu Bouvard Nov 21,2022
Working Paper No.00087-00
We show that by lending to merchants and monitoring them, an e-commerce platform can price-discriminate between merchants with high and... Read More
Kinda Hachem , Ana Babus Dec 02,2022
Working Paper No.00090-00
We develop a theory of financial innovation in which both market structure and the payoffs of the claims being traded... Read More
Batchimeg Sambalaibat Jul 07,2021
Working Paper No.00072-00
I build a search model of bond and credit default swap (CDS) markets with endogenous investor participation and show that... Read More
Stefan Nagel,Zhaogang Song, Zhiguo He Nov 07,2020
Working Paper No.00067-00
In sharp contrast to most previous crisis episodes, the Treasury market experienced severe stress and illiquidity during the COVID-19 crisis,... Read More
Dana Foarta, Vladimir Asriyan Victoria Vanasco Nov 05,2019
Working Paper No.00053-00
We study the joint determination of product quality and complexity in a rational setting. We introduce a novel notion of... Read More
Published: AEJ-Micro, 2023, 15(2), 187-226