The Equilibrium Effects of Information Deletion: Evidence from Consumer Credit Markets
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NBER Working Paper No. 25097
---- Acknowledgments ----
Previous drafts of this paper were circulated under the title "The Equilibrium Effects of Asymmetric Information: Evidence from Consumer Credit Markets." We thank Andrew Hertzberg, Amir Kermani, Neale Mahoney, Holger Mueller, Christopher Palmer, Philipp Schnabl, Johannes Stroebel, and numerous seminar participants for comments and suggestions. Sean Hyland and Jordan Rosenthal-Kay provided excellent research assistance. This research was funded in part by the Fama-Miller Center for Research in Finance and the Richard N. Rosett Faculty Fellowship at the University of Chicago Booth School of Business. We thank Sinacofi for providing the data. Luis Opazo declares that he is an employee of ABIF, which owns SINACOFI, the main data provider for this paper. The authors have no other relevant material or financial interests that relate to the research described in this paper. All errors and omissions are ours only. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.