A Dynamic Analysis of Market Power in the U.S. Mortgage Lending Market.
This paper examines market power in mortgage lending market in the U.S., applying a dynamic reformulation of the Bresnahan-Lau model in an error correcting framework. The most common motivation for using this model is to solve the inference problem when using non-tationary data, and to incorporate d...
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| Main Authors: | , |
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| Other Authors: | |
| Format: | Article |
| Language: | English |
| Published: |
2015
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| Subjects: | |
| Online Access: | https://repository.li.mahidol.ac.th/handle/123456789/10973 |
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| Institution: | Mahidol University |
| Language: | English |