Browsing ECO Working Papers by Subject "D14"

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Title: Does the Good Matter? Evidence on Moral Hazard and Adverse Selection from Consumer Credit Market Author(s): BICAKOVA, Alena Date: 2007 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Default rates on instalment loans vary with type of the good purchased. Using an Italian dataset of instalment loans between 1995-1999, we first show that the variation persists even after controlling for contract ...

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