A quantitative theory of the credit score

What is the role of credit scores in credit markets? We argue that it is, in part, the market's assessment of a person's unobservable type, which here we take to be patience. We postulate a model of persistent hidden types where observable actions shape the public assessment of a person�...

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Veröffentlicht in:	Econometrica 2023-09, Vol.91 (5), p.1803-1840
1. Verfasser:	Chatterjee, Satyajit
Format:	Artikel
Sprache:	eng
Schlagworte:	Bayesian analysis Bond markets Credit Interest rates Tracking Welfare Young adults
Online-Zugang:	Volltext
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