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Author:Sadoulet, Elisabeth 

Conference Paper
The supply and demand side impacts of credit market information

We utilize a unique pair of experiments to study the precise ways in which reductions in asymmetric information alter the outcome in a credit market. We formulate a general model in which the information set held by lenders, and what borrowers believe their lenders to know, enter separately. This model illustrates that non-experimental identification of the supply- and demand-side information in a market will be confounded. We then present a unique natural experiment, wherein a Guatemalan credit bureau was implemented without the knowledge of borrowers, and subsequently borrowers were given a ...
Proceedings , Issue Nov

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