1.
This paper measures market power in a decentralized market where contracts are determined through a search and negotiation process. The mortgage industry has many institu[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
2.
Payments systems are typically characterized by some degree of tiering, with upstream firms (clearing agents) providing settlement accounts to downstream institutions tha[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
3.
The types of contracts that arise in a typical vertical manufacturer–retailer relationship are more sophisticated than usually assumed in standard macroeconomic models. I[...]
2004 | Text | Staff Working Paper - Document de travail du personnel |