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December 2019, Volume 128, Issue 3
- 203-224 Inter-group competition through joint marketing efforts and intra-group Cournot competition
by Akio Kawasaki & Takao Ohkawa & Makoto Okamura - 225-238 On the social (sub)optimality of divisionalization under product differentiation
by Luca Lambertini & Giuseppe Pignataro - 239-258 Cooperative R&D with durable goods
by Amagoia Sagasta - 259-289 Financial conditions and supply decisions when firms are risk averse
by Vanda Tulli & Mauro Gallegati & Gerd Weinrich - 291-295 Vague, Richard: A brief history of doom
by Claudio Sardoni
October 2019, Volume 128, Issue 2
- 99-118 Optimal public policy à la Ramsey in an endogenous growth model
by Elena Rey & Miguel-Angel Lopez-Garcia - 119-145 Heterogeneity and monetary policy
by Nurlan Turdaliev - 147-175 Indirect taxes in a cross-border shopping model: a monopolistic competition approach
by Hiroshi Aiura & Hikaru Ogawa - 177-191 Optimal saving and health prevention
by Desu Liu & Mario Menegatti - 193-200 Torben Iversen and David Soskice: Democracy and prosperity: reinventing capitalism through a turbulent century
by Robert Boyer - 201-201 Komlos, John: Foundations of real world economics: what every economics student needs to know
by Michael Braulke
September 2019, Volume 128, Issue 1
- 1-25 Bundling versus unbundling: asymmetric information on information externalities
by Marco Buso - 27-45 Foreign penetration and domestic competition
by Sajal Lahiri & Yingyi Tsai - 47-65 Endogenous strategic variable in a mixed duopoly
by Amarjyoti Mahanta - 67-89 Corporate social responsibility and privatization policy in a mixed oligopoly
by Seung-Leul Kim & Sang-Ho Lee & Toshihiro Matsumura - 91-93 Basu, Kaushik: The republic of beliefs: a new approach to law and economics
by Mario Ferrero - 95-97 Grigoriadis, Theocharis: Religion and Comparative Development: The Genesis of Democracy and Dictatorship
by Christa Hainz
August 2019, Volume 127, Issue 3
- 193-221 Bubbles and cycles in the Solow–Swan model
by Gerhard Sorger - 223-264 Risk aversion heterogeneity and the investment–uncertainty relationship
by Gianluca Femminis - 265-292 Gradual trade liberalization in a North–South model of the product cycle
by Adolfo Cristóbal Campoamor - 293-295 Colander, David and Freedman, Craig: Where economics went wrong: Chicago’s abandonment of classical liberalism
by Peter Rosner
July 2019, Volume 127, Issue 2
- 99-124 Attorney fees in repeated relationships
by Brad Graham & Jack Robles - 125-145 Endogenous third-degree price discrimination in Hotelling model with elastic demand
by Tong Zhang & Yixue Huo & Xin Zhang & Jie Shuai - 147-160 Are tax havens good? Implications of the crackdown on secrecy
by Alfons J. Weichenrieder & Fangying Xu - 161-183 Does promoting homeownership always damage labour market performances?
by Julie Beugnot & Olivier Charlot & Guy Lacroix - 185-188 Vito Tanzi: The ecology of tax systems—factors that shape the demand and supply of taxes
by Christian Keuschnigg - 189-191 Elhanan Helpman: Globalization and inequality
by Benjamin Jung
June 2019, Volume 127, Issue 1
- 1-18 Optimal asymmetric sector-specific labour taxation in an overlapping generations model
by Igor Fedotenkov - 19-45 Sustainability of public debt under physical and human capital accumulation in an overlapping generations model
by Takumi Motoyama - 47-71 Progressive taxation as an automatic destabilizer under endogenous growth
by Shu-Hua Chen & Jang-Ting Guo - 73-90 Bank competition, real investments, and welfare
by Oz Shy & Rune Stenbacka - 91-93 Tversky, Amos, The Essential Tversky
by Matthias Lang - 95-97 George R. Boyer: The winding road to the welfare state—economic insecurity and social welfare policy in Britain
by Bernard Harris
April 2019, Volume 126, Issue 3
- 201-219 Other-regarding preferences in organizational hierarchies
by Kemal Saygili & Serkan Kucuksenel - 221-248 Vertical differentiation beyond the uniform distribution
by Corrado Benassi & Alessandra Chirco & Caterina Colombo - 249-258 On the first mover advantage in Stackelberg quantity games
by Kurt Annen - 259-274 On competition and welfare enhancing policies in a mixed oligopoly
by Marc Escrihuela-Villar & Carlos Gutiérrez-Hita - 275-286 An interpretation of the condition for precautionary saving: the case of greater higher-order interest rate risk
by Kit Pong Wong - 287-290 Moreno-Bromberg, Santiago and Rochet, Jean-Charles: Continuous-Time Models in Corporate Finance, Banking and Insurance
by Andrianos E. Tsekrekos - 291-293 Bruno S. Frey: Economics of happiness. Springer Briefs in Economics
by Devrim Dumludag
March 2019, Volume 126, Issue 2
- 103-133 Dynamic collective bargaining and labor adjustment costs
by Francisco Cabo & Angel Martín-Román - 135-151 Signaling and optimal sorting
by Timothy Perri - 153-177 Endogenous time preference, consumption externalities, and trade: multiple steady states and indeterminacy
by Akihiko Yanase & Yukio Karasawa-Ohtashiro - 179-192 Keeping up with or running away from the Joneses: the Barro model revisited
by Thi Kim Cuong Pham - 193-195 Tucker, Paul: Unelected power: the quest for legitimacy in central banking and the regulatory state
by Ernst Baltensperger - 197-199 Kip Viscusi, W.: Pricing lives—guideposts for a safer society
by Per-Olov Johansson
January 2019, Volume 126, Issue 1
- 1-17 Advantageous leadership in public good provision: the case of an endogenous contribution technology
by Wolfgang Buchholz & Michael Eichenseer - 19-42 Apportioning indivisible damage and strategic diffusion of pollution abatement technology
by Yi Li - 43-73 Price competition in the presence of a web aggregator
by Oksana Loginova & Andrea Mantovani - 75-93 Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies
by Kosuke Hirose & Toshihiro Matsumura - 95-97 Michele Alacevich and Anna Soci: A short history of inequality
by Wilfried Altzinger - 99-101 Lo, Andrew W.: Adaptive markets: financial evolution at the speed of thought
by Christoph Kaserer
November 2018, Volume 125, Issue 3
- 211-237 Heterogeneity of consumer preferences and trade patterns in a monopolistically competitive setting
by Alexander Osharin & Valery Verbus - 239-261 Stochastic accumulation of human capital and welfare in the Uzawa–Lucas model: an analytical characterization
by Mizuki Tsuboi - 263-277 Effects of a blocking patent on R&D with endogenous survival activities
by Sumiko Niwa - 279-308 Surplus measures and luenberger Hicks–Moorsteen productivity indicator
by Arnaud Abad & Rabaozafy Louisa Andriamasy & Walter Briec - 309-312 Galichon, Alfred: Optimal transport methods in economics
by Deniz Dizdar - 313-316 Chiappori, Pierre-André: Matching with transfers: the economics of love and marriage
by Roberto Bonilla
October 2018, Volume 125, Issue 2
- 107-136 The scope of auctions in the presence of downstream interactions and information externalities
by Onur A. Koska & Ilke Onur & Frank Stähler - 137-157 Behaviour-based price discrimination with cross-group externalities
by Elias Carroni - 159-172 Duopoly models with a joint capacity constraint
by Aiyuan Tao & X. Henry Wang & Bill Z. Yang - 173-188 Taxation and the sustainability of collusion: ad valorem versus specific taxes
by Helmuts Azacis & David R Collie - 189-204 Foreign competition and optimal privatization with excess burden of taxation
by Jen-Yao Lee & Leonard F. S. Wang - 205-207 McFadden, Daniel and Train, Kenneth: Contingent valuation of environmental goods—a comprehensive critique
by Silvia Ferrini & Kerry R. Turner - 209-210 Kang, Dongsoo and Mason, Andrew (Eds.): Macroprudential regulation of International Finance: Managing capital flows and exchange rates
by Barbara Fritz
September 2018, Volume 125, Issue 1
- 1-25 Industrial heterogeneity and international product cycles
by Yuxiang Zou & Tai-Liang Chen - 27-49 Intellectual property rights and R&D subsidies: are they complementary policies?
by Darong Dai - 51-68 Progressive taxation and macroeconomic stability in two-sector models with social constant returns
by Been-Lon Chen & Mei Hsu & Yu-Shan Hsu - 69-95 Low level equilibrium trap, unemployment, efficiency of education system, child labour and human capital formation
by Kamalika Chakraborty & Bidisha Chakraborty - 97-99 Rodrik, Dani: Straight talk on trade: ideas for a sane world economy
by Enrico Colombatto - 101-103 Arjalies, Diane-Laure et al.: Chains of finance: how investment management is shaped
by Olivia Bosshart - 105-105 Publisher Correction: Low level equilibrium trap, unemployment, efficiency of education system, child labour and human capital formation
by Kamalika Chakraborty & Bidisha Chakraborty
July 2018, Volume 124, Issue 3
- 213-241 Stochastic continuous time growth models that allow for closed form solutions
by Francesco Menoncin & Stefano Nembrini - 243-267 Brain drain and income distribution
by Aida Galiano & José Gabriel Romero - 269-287 Adaptation, mitigation and risk-taking in climate policy
by Heike Auerswald & Kai A. Konrad & Marcel Thum - 289-302 An economic model of religious organization under oppressive regulation
by Pavol Minarik - 303-306 Kenneth Dyson and Ivo Maes (eds): Architects of the euro—intellectuals in the making of European monetary union
by Lilia Costabile - 307-309 Frey, Bruno S. and Iselin, David: Economic ideas you should forget
by Alberto Chilosi
June 2018, Volume 124, Issue 2
- 99-119 Scarce human resources and equilibrium industry structure
by Huasheng Song & Ruqu Wang & Jianliang Ye - 121-137 Markets with technological progress: pricing, quality, and novelty
by Ludwig von Auer & Mark Trede - 139-158 Bargaining power and firm profits in asymmetric duopoly: an inverted-U relationship
by Shohei Yoshida - 159-173 Partial privatization in an exhaustible resource industry
by Alla Fridman - 175-201 Endogenous timing in private and mixed duopolies with emission taxes
by Sang-Ho Lee & Lili Xu - 203-205 Kiyohiko G. Nishimura and Hiroyuki Ozaki: Economics of pessimism and optimism: theory of Knightian uncertainty and its applications
by Robert W. Dimand - 207-211 Koutsobinas, Theodore.: The political economy of status: Superstars, markets and culture change. 264pp. Edward Elgar Publishing, Cheltenham, 2014. Hardback, $${\pounds }$$ £ 80
by Francesco Sarracino
May 2018, Volume 124, Issue 1
- 1-17 Competitive contracts with productive information gathering
by Bing Ye & Sanxi Li - 19-55 Collusion in mixed oligopolies and the coordinated effects of privatization
by João Correia-da-Silva & Joana Pinho - 57-73 Price control and privatization in a mixed duopoly with a public social enterprise
by Chih-Wei Chang & Dachrahn Wu & Yan-Shu Lin - 75-92 Optimal size of a residential area within a municipality
by Juan Carlos Bárcena-Ruiz & F. Javier Casado-Izaga - 93-96 Schneider Henrique: Creative destruction and the sharing economy: Uber as disruptive innovation
by Ulrich Schwalbe - 97-98 Calvo, Guillermo A.: Macroeconomics in times of liquidity crises
by Michael Wycherley
April 2018, Volume 123, Issue 3
- 195-223 Endogenous sector-biased technical change and perpetual and transient structural change
by Pengfei Zhang - 225-247 Competing incremental and breakthrough innovation in a model of product evolution
by Colin Davis & Yasunobu Tomoda - 249-276 On financial deepening and long-run growth
by Sergio Salas - 277-298 Productivity growth and welfare in a model of allocative inefficiency
by Richard Cothren & Ravi Radhakrishnan - 299-301 Sanjit Dhami: The foundations of behavioral economic analysis
by Peter N. C. Mohr - 303-305 Salsman, Richard M: The political economy of Public debt. Three centuries of theory and evidence, 322 pp. New thinking in political economy
by Gilles Raveaud
March 2018, Volume 123, Issue 2
- 97-139 Coalitional fairness with participation rates
by Achille Basile & Maria Gabriella Graziano & Ciro Tarantino - 141-159 Stochastic dominance and thick-tailed wealth distributions
by Christian Pietro & Marco M. Sorge - 161-185 Occupational choice and entrepreneurship: effects of R&D subsidies on economic growth
by Takaaki Morimoto - 187-189 Caselli, Francesco: Technology differences over space and time
by Mariacristina Piva - 191-193 Roche, William K., O’Connell, Philip J. and Prothero, Andrea (eds.): Austerity and recovery in Ireland: Europe’s poster child and the great recession
by Sebastian Dullien
January 2018, Volume 123, Issue 1
- 1-21 The superiority among specific, demand ad valorem and cost ad valorem subsidy regimes
by Wen-Jung Liang & Kuang Cheng Andy Wang & Ping-Yao Chou - 23-47 Endogenous market regulation in a signaling model of lobby formation
by Francisco Candel-Sánchez & Juan Perote-Peña - 49-70 Mixed provision of health care services with double coverage
by Cristina Pardo-Garcia & Jose J. Sempere-Monerris - 71-88 An analysis of entry-then-privatization model: welfare and policy implications
by Sang-Ho Lee & Toshihiro Matsumura & Susumu Sato - 89-91 Wilson, David S. and Alan Kirman (eds): Complexity and evolution: toward a new synthesis for economics
by Gian Italo Bischi - 93-95 Gersbach Hans: Redesigning Democracy—More Ideas for Better Rules
by Bernhard Köster
November 2017, Volume 122, Issue 3
- 199-238 Market access and technology adoption in the presence of FDI
by Hiroshi Mukunoki - 239-266 Local content and emission taxes when the number of foreign firms is endogenous
by Luis Gautier - 267-278 International asymmetric R&D rivalry and industrial strategy
by Yasunori Ishii - 279-301 Aspirations and the transfer paradox in an overlapping generations model
by Kojun Hamada & Tsuyoshi Shinozaki & Mitsuyoshi Yanagihara - 303-306 Miglo, Anton: Capital structure in the modern world
by Anna Maria C. Menichini
October 2017, Volume 122, Issue 2
- 97-119 Optimal mixed taxation, public goods and the problem of high-skilled emigration
by X. Ruiz del Portal - 121-136 Higher Tax for Top Earners
by Felix FitzRoy & Jim Jin - 137-154 Commodity taxes and welfare under endogenous market conduct
by Henrik Vetter - 155-171 On the implications of declining population growth for regional migration
by Thomas Christiaans - 173-190 Multiple steady states and indeterminacy in the Uzawa–Lucas model with educational externalities
by Shiro Kuwahara - 191-193 Blanchard, Olivier, Rajan, Raghuram, Rogoff, Kenneth, & Summers, Lawrence H. (eds): Progress and confusion: The state of macroeconomic policy
by Sebastian Dullien - 195-196 Manfred Nowak: Human rights or global capitalism: the limits of privatization
by Gerold Ambrosius - 197-197 Erratum to: Optimal mixed taxation, public goods and the problem of high-skilled emigration
by X. Ruiz del Portal
September 2017, Volume 122, Issue 1
- 1-27 Perfect versus imperfect direct advertising, and market performance
by Lola Esteban & José M. Hernández - 29-43 The combination of two tragedies: commons and anticommons tragedies
by Chia-Hung Sun & Chorng-Jian Liu - 45-65 Environmental taxation and mergers in oligopoly markets with product differentiation
by Mahelet G. Fikru & Luis Gautier - 67-92 Dynamic beauty contests: Learning from the winners to win?
by Ming Yi - 93-95 Offer, Avner, and Söderberg, Gabriel: The Nobel Factor: the prize in economics, social democracy, and the market turn
by Bertram Schefold
July 2017, Volume 121, Issue 3
- 197-237 Staged financing: a trade-off theory of holdup and option value
by Lei Gao - 239-253 Pricing and market conduct in a vertical relationship
by Henrik Vetter - 255-266 Vertical separation with location–price competition
by Youping Li & Jie Shuai - 267-278 Profit-sharing licensing
by Shuai Niu - 279-281 Johansson, Per-Olov and Bengt Kriström: Cost-benefit analysis for project appraisal
by Massimo Florio
June 2017, Volume 121, Issue 2
- 105-132 Ordered search with asymmetric product design
by Hui Song - 133-151 Asymmetric equilibria under price cap regulation
by Yasunori Okumura - 153-171 Moral hazard, Bertrand competition and natural monopoly
by Brishti Guha - 173-191 Domestic patenting systems and foreign licensing choices
by Yingyi Tsai & Arijit Mukherjee - 193-195 Ayres, Robert: Energy, complexity and wealth maximization
by Daniel Nachtigall
May 2017, Volume 121, Issue 1
- 1-27 Norms and monetary fines as deterrents, and distributive effects
by Kangoh Lee - 29-49 Social conflict and wage inequality
by Jiancai Pi & Pengqing Zhang - 51-73 Public infrastructure for production and international trade in a small open economy: a dynamic analysis
by Akihiko Yanase & Makoto Tawada - 75-98 Private ownership economies with externalities and existence of competitive equilibria: a differentiable approach
by Elena L. Mercato & Vincenzo Platino - 99-103 Van Bavel, Bas: The invisible hand?: How market economies have emerged and declined since AD 500. 352pp. Oxford University Press, New York, 2016. Hardback, £35.00
by Stefano Zamagni
April 2017, Volume 120, Issue 3
- 193-217 Two-sided competition with vertical differentiation
by Guillaume Roger - 219-249 Welfare effects of payment truncation in piece rate tournaments
by Zhen Wang & Tomislav Vukina - 251-268 Privatization and efficiency: a mixed oligopoly approach
by Tai-Liang Chen - 269-277 Seasonality, price discrimination, and welfare
by Francisco Galera & Pedro Mendi & Juan Carlos Molero - 279-281 Hendry, David F. and Doornik, Jurgen A.: Empirical model discovery and theory evaluation: automatic selection methods in econometrics
by Giampiero M. Gallo - 283-285 Obinger, Herbert, Schmitt, Carina and Traub, Stefan: The political economy of privatization in rich democracies
by Massimo Florio
March 2017, Volume 120, Issue 2
- 95-118 Exclusivity and exclusion on platform Markets
by Subhasish M. Chowdhury & Stephen Martin - 119-133 Pricing and price competition in consumer markets
by Ante Farm - 135-169 Consumer flexibility, data quality and location choice
by Irina Baye & Irina Hasnas - 171-188 Privatization of state holding corporations
by Juan Carlos Bárcena-Ruiz & María Begoña Garzón - 189-191 Antràs, Pol: Global production: firms, contracts, and trade structure
by Anna Gumpert
January 2017, Volume 120, Issue 1
- 1-29 Horizontal differentiation and economic growth under non-CES aggregate production function
by Alberto Bucci & Vladimir Matveenko - 31-45 Endogenous cycles and human capital
by Dimitrios Varvarigos - 47-63 A top dog tale with preference complementarities
by Emanuela Randon & Peter Simmons - 65-78 Multistage public education, voting, and income distribution
by Katsuyuki Naito & Keigo Nishida - 79-87 A new interpretation of the condition for precautionary saving in the presence of an interest-rate risk
by Marco Magnani - 89-90 Frank, Robert H.: Success and luck: good fortune and the myth of meritocracy
by Peter Rosner - 91-93 Herbst, P. Edward and Schorfheide, Frank: Bayesian estimation of DSGE models
by Alexander Kriwoluzky
November 2016, Volume 119, Issue 3
- 179-218 Patent litigation and cross licensing with cumulative innovation
by Haejun Jeon - 219-252 Optimal product differentiation in a circular model
by Qiang Gong & Qihong Liu & Yi Zhang - 253-266 A Bertrand–Edgeworth oligopoly with a public firm
by Zoltán Rácz & Attila Tasnádi - 267-271 Wray, L. Randall: Why Minsky matters: An introduction to the work of a maverick economist
by Elisabetta De Antoni - 273-276 Conti-Brown, Peter: The power and independence of the Federal Reserve
by Carsten Hefeker
October 2016, Volume 119, Issue 2
- 97-99 Taxes, subsidies, regulation in dynamic models
by Giacomo Corneo & Sergio Vergalli - 101-111 Investment stimuli under government present-biased time preferences
by Luca Corato - 113-130 Accelerated depreciation, default risk and investment decisions
by Paolo M. Panteghini & Sergio Vergalli - 131-146 Dynamic tax evasion with audits based on visible consumption
by Rosella Levaggi & Francesco Menoncin - 147-169 Smooth preferences, symmetries and expansion vector fields
by Andrea Mantovi - 171-173 Sell, Friedrich L.: The new economics of income distribution: introducing equilibrium concepts into a contested field
by Ben Etheridge - 175-177 Baradaran, Mehrsa: How the other half banks: exclusion, exploitation, and the threat to democracy
by Olivia Bosshart
September 2016, Volume 119, Issue 1
- 1-15 Two ways to auction off an uncertain good
by Alison Watts - 17-45 Relationship-specific investment as a barrier to entry
by Hiroshi Kitamura & Akira Miyaoka & Misato Sato - 47-63 Interlocking cross-ownership in a unionised duopoly: when social welfare benefits from “more collusion”
by Luciano Fanti - 65-90 Congestion in production correspondences
by Walter Briec & Kristiaan Kerstens & Ignace Van de Woestyne - 91-96 de La Grandville, Olivier: Economic growth: a unified approach
by Peter McAdam
July 2016, Volume 118, Issue 3
- 193-218 Contract competition between hierarchies, managerial compensation and imperfectly correlated shocks
by Michela Cella & Federico Etro - 219-238 Customer poaching and coupon trading
by Georgia Kosmopoulou & Qihong Liu & Jie Shuai - 265-275 On ambiguity apportionment
by Christophe Courbage & Beatrice Rey - 277-280 Eckwert, Bernhard and Zilcha, Itzhak: The economics of screening and risk sharing in higher education: human capital formation, income inequality, and welfare
by Robert Schwager
June 2016, Volume 118, Issue 2
- 97-119 Free entry and social inefficiency under co-opetition
by Keisuke Hattori & Takeshi Yoshikawa - 121-139 Optimal know-how transfers in licensing contracts
by Pedro Mendi & Rafael Moner-Colonques & José J. Sempere-Monerris - 141-166 Combining the endogenous choice of timing and competition version in a mixed duopoly
by Hong-Ren Din & Chia-Hung Sun - 167-184 Mixed oligopolies and collusion
by Stefano Colombo - 185-188 Gernot Wagner and Martin L. Weitzman: Climate shock: the economic consequences of a hotter planet
by Joachim Weimann - 189-191 Stern, Nicholas: Why are we waiting?: the logic, urgency and promise of tackling climate change
by Frank Neher
May 2016, Volume 118, Issue 1
- 1-34 Sustaining collusion in markets with entry driven by balanced growth
by João Correia-da-Silva & Joana Pinho & Hélder Vasconcelos - 35-46 Leniency programs under demand uncertainty: cartel stability and the duration of price wars
by Konstantinos Charistos - 47-76 Revenue royalties
by Stefano Colombo & Luigi Filippini - 91-96 Akerlof, George A. and Shiller, Robert J.: Phishing for phools: The economics of manipulation and deception
by Carl Christian Weizsäcker
April 2016, Volume 117, Issue 3
- 189-238 Utilitarian population ethics and births timing
by Gregory Ponthiere - 285-287 Assaf, Razin: Understanding global crises: an emerging paradigm
by Konstantin M. Wacker
March 2016, Volume 117, Issue 2
- 93-116 Bargaining and collusion in a regulatory relationship
by Raffaele Fiocco & Mario Gilli - 117-136 Cournot–Bertrand comparison in a mixed oligopoly
by Junichi Haraguchi & Toshihiro Matsumura - 137-165 A model of advance selling with consumer heterogeneity and limited capacity
by X. Wang & Chenhang Zeng - 167-180 Consistent location conjectures under spatial price discrimination
by John Heywood & Zheng Wang - 181-183 Gershkov, Alex and Benny Moldovanu: Dynamic allocation and pricing: a mechanism design approach
by Marco LiCalzi - 181-183 Gershkov, Alex and Benny Moldovanu: Dynamic allocation and pricing: a mechanism design approach
by Marco LiCalzi - 185-187 Shiller, Robert J.: Irrational exuberance. Revised and expanded third edition
by David Bris - 185-187 Shiller, Robert J.: Irrational exuberance. Revised and expanded third edition
by David Bris
January 2016, Volume 117, Issue 1
- 1-36 Incomplete financial markets with real assets and wealth-dependent credit limits
by Matthew Hoelle & Marina Pireddu & Antonio Villanacci