00000nam 2200000zi 4500 9.950056 CaOODSP 20250411135609 m o d f cr mn||||||||| 250411t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-36E-PDF Bethune, Zachary, author. Consumer credit regulation and lender market power / by Zachary Bethune, Joaquin Saldain and Eric R. Young. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 40 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-36 ISSN assigned to different series. "Last updated: October 8, 2024." Includes bibliographical references (pages 34-38). "We investigate the welfare consequences of consumer credit regulation in a dynamic, heterogeneous-agent model with endogenous lender market power. We incorporate a decentralized credit market with search and incomplete information frictions into an off-the shelf Eaton–Gersovitz model of consumer credit and default. Lenders post credit offers and borrowers apply for credit. Some borrowers are informed and direct their application toward the lowest offers while others are uninformed and apply randomly"--Abstract, page ii. Includes abstract in French. Interest rates Economic aspects Canada. Credit Canada Econometric models. Taux d'intérêt Aspect économique Canada. Crédit Canada Modèles économétriques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-36. (CaOODSP)9.806221 PDF 1.11 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-36-eng.pdf