Cel This proposal presents three broad projects on information frictions in households' credit markets and on theconsequences of these frictions for durable good markets. Specifically, an influential theoretical literature ininformation economics has shown that borrowing constraints can arise in equilibrium when borrowers andlenders have asymmetric information about borrowers' risks. Hence, the first project aims to provide the firstempirical analyses of markets (i.e. demand and supply) with asymmetric information and nonexclusivetrades---i.e. markets in which households can purchase multiple insurance contracts, such as in lifeinsurance markets, or can open multiple credit lines, such as in credit card markets. The second project aimsto study recent regulations of fees and prices in markets for consumer financial products, such as mortgages,that could have the unintended consequences of increasing households' cost of credit and, thus, of tighteningtheir borrowing constraints. Finally, the third project aims to study the role of borrowing constraints indurable goods markets, with a special focus on car markets during the Great Recession.All these projects aim to develop and estimate structural models using data from different markets. I furtherplan to use the estimated structural parameters to perform counterfactual policy analyses in each of thespecific markets analyzed in these projects. Dziedzina nauki social scienceseconomics and businesseconomics Program(-y) H2020-EU.1.1. - EXCELLENT SCIENCE - European Research Council (ERC) Main Programme Temat(-y) ERC-2017-COG - ERC Consolidator Grant Zaproszenie do składania wniosków ERC-2017-COG Zobacz inne projekty w ramach tego zaproszenia System finansowania ERC-COG - Consolidator Grant Instytucja przyjmująca LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE Wkład UE netto € 1 550 945,00 Adres Houghton Street 1 WC2A 2AE London Zjednoczone Królestwo Zobacz na mapie Region London Inner London — West Westminster Rodzaj działalności Higher or Secondary Education Establishments Linki Kontakt z organizacją Opens in new window Strona internetowa Opens in new window Uczestnictwo w unijnych programach w zakresie badań i innowacji Opens in new window sieć współpracy HORIZON Opens in new window Koszt całkowity € 1 550 945,00 Beneficjenci (1) Sortuj alfabetycznie Sortuj według wkładu UE netto Rozwiń wszystko Zwiń wszystko LONDON SCHOOL OF ECONOMICS AND POLITICAL SCIENCE Zjednoczone Królestwo Wkład UE netto € 1 550 945,00 Adres Houghton Street 1 WC2A 2AE London Zobacz na mapie Region London Inner London — West Westminster Rodzaj działalności Higher or Secondary Education Establishments Linki Kontakt z organizacją Opens in new window Strona internetowa Opens in new window Uczestnictwo w unijnych programach w zakresie badań i innowacji Opens in new window sieć współpracy HORIZON Opens in new window Koszt całkowity € 1 550 945,00