借贷市场能准确识别学历的价值吗?——来自P2P平台的经验证据

被引：157

作者：

廖理 ^{[1
]}

吉霖 ^{[2
]}

张伟强 ^{[1
]}

机构：

[1] 清华大学五道口金融学院

[2] 清华大学经济管理学院

来源：

金融研究 | 2015年 / 03期

关键词：

教育程度; 信用识别; P2P借贷;

D O I：

暂无

中图分类号：

G40-05 [教育与其他科学的关系、教育学分支]; F724.6 [电子贸易、网上贸易]; F832.4 [信贷];

学科分类号：

040101 ; 120403 ; 1201 ; 020204 ;

摘要：

尽管借贷企业历来看重借款人的学历水平,但对学历与借贷的深入探讨却较为缺乏。借助新颖的P2P数据,本文从两个方面提出假说并展开研究:从借款者违约结果方面,高学历借款者是否违约概率较低;从投资者投资决策方面,投资者是否更愿意借钱给高学历借款者。实证结果表明,高学历借款者如约还款概率更高,高等教育年限增强了借款人的自我约束能力,但是,投资者却并未亲睐高学历借款人,在通过教育程度识别信用风险的行为上存在偏差。

引用

页码：146 / 159

页数：14

共 11 条

[1] 中国P2P小额贷款市场借贷成功率影响因素分析 [J].

李悦雷 ;

郭阳 ;

张维 .

金融研究, 2013, (07) :126-138

[2] Do Unverifiable Disclosures Matter? Evidence from Peer-to-Peer Lending [J].

Michels, Jeremy .

ACCOUNTING REVIEW, 2012, 87 (04) :1385-1413

[3] Correlates of Credit Card Adoption in Urban China [J].

Deanna L. Sharpe ;

Rui Yao ;

Li Liao .

Journal of Family and Economic Issues, 2012, 33 (2) :156-166

[4]

Self-control, financial literacy and consumer over-indebtedness[J] . John Gathergood.Journal of Economic Psychology . 2011 (3)

[5]

What’s in a Picture?: Evidence of Discrimination from Prosper.com[J] . Devin Garett. Pope,Justin Reuel. Sydnor.Journal of Human Resources . 2011 (1)

[6]

Peer to Peer Lending: The Relationship Between Language Features, Trustworthiness, and Persuasion Success[J] . Laura Larrimore,Li Jiang,Jeff Larrimore,David Markowitz,Scott Gorski.Journal of Applied Communication Research . 2011 (1)

[7]

Tell Me a Good Story and I May Lend You Money: The Role of Narratives in Peer-to-Peer Lending Decisions[J] . Journal of Marketing Research . 2011

[8]

Emergence of Financial Intermediaries in Electronic Markets: The Case of Online P2P Lending[J] . Sven C. Berger,Fabian Gleisner.BuR - Business Research . 2009 (1)

[9]

Does education improve citizenship? Evidence from the United States and the United Kingdom[J] . Kevin Milligan,Enrico Moretti,Philip Oreopoulos.Journal of Public Economics . 2004 (9)

[10] Estimates of the economic return to schooling for the United Kingdom [J].

Harmon, C ;

Walker, I .

AMERICAN ECONOMIC REVIEW, 1995, 85 (05) :1278-1286

← 1 2 →