• Does information sharing reduce the role of collateral as a screening device? 

      Stacescu, Bogdan; Karapetyan, Artashes (Journal article; Peer reviewed, 2014)
      Information sharing and collateral are both devices that help banks reduce the cost of adverse selection. We examine whether they are likely to be used as substitutes (information sharing reduces the need for collateral) ...
    • Information Sharing and Information Acquisition in Credit Markets 

      Karapetyan, Artashes; Stacescu, Bogdan (Journal article; Peer reviewed, 2014)
      We examine the effect of information sharing via credit bureaus or credit registers on banks’ incentives to collect information about their borrowers. Information asymmetries have been identified as an important source ...