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lenders (commercial banks and micro-lenders), policy options for government and the mechanisms of collateral law reform …pt. 1. Access to credit and secured transactions in a global world -- pt. 2. Secured transactions law to support access …
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We show that lenders join a U.S. commercial credit bureau when information asymmetries between incumbents and entrants create an adverse selection problem that hinders market entry. Lenders also delay joining when information asymmetries protect them from competition in existing markets,...
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