1.Nara University of Education, Nara, Japan ;2.Hiroshima University, Higasihiroshima, Hiroshima, Japan ;3.College of Economics, Deparment of Economics, Ritsumeikan University, Shiga, Japan ;
Abstract:
Atlantic Economic Journal - This paper models a consumer loan market with a vertical structure where an upstream monopolist supplies funds to downstream nonbanks. The nonbanks supply funds to...