Robert Clark - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T01:25:58+00:00Price Negotiation in Differentiated Products Markets: Evidence from the Canadian Mortgage Market
https://www.bankofcanada.ca/2012/09/working-paper-2012-30/
This paper measures market power in a decentralized market where contracts are determined through a search and negotiation process. The mortgage industry has many institutional features which suggest competitiveness: homogeneous contracts, negotiable rates, and, for a given consumer, common lending costs across lenders.2012-09-28T09:20:40+00:00enPrice Negotiation in Differentiated Products Markets: Evidence from the Canadian Mortgage Market2012-09-28Financial institutionsFinancial servicesMarket structure and pricingWorking Paper 2012-30https://www.bankofcanada.ca/wp-content/uploads/2012/09/wp2012-30.pdfPrice Negotiation in Differentiated Products Markets: Evidence from the Canadian Mortgage MarketJason AllenRobert ClarkJean-François HoudeAugust 2012DD4GG2G21LL2L22Price Competition and Concentration in Search and Negotiation Markets: Evidence from Mortgage Lending
https://www.bankofcanada.ca/2012/02/working-paper-2012-4/
This paper examines the impact of bank consolidation on mortgage rates in order to evaluate the extent to which mortgage markets are competitive. Mortgage markets are decentralized and so rates are determined through a search and negotiation process.2012-02-08T11:43:33+00:00enPrice Competition and Concentration in Search and Negotiation Markets: Evidence from Mortgage Lending2012-02-08Financial institutionsFinancial servicesInterest ratesWorking Paper 2012-4https://www.bankofcanada.ca/wp-content/uploads/2012/02/wp2012-04.pdfPrice Competition and Concentration in Search and Negotiation Markets: Evidence from Mortgage LendingJason AllenRobert ClarkJean-François HoudeFebruary 2012GG2LL1