P2P网络借贷:交易决策、风险传导与监管策略——文献综述与研究反思

发布时间：2018-01-13 18:06

本文关键词：P2P网络借贷:交易决策、风险传导与监管策略——文献综述与研究反思　出处：《中央财经大学学报》2017年10期 　论文类型：期刊论文

【摘要】：笔者以P2P网络借贷行为为研究对象,从贷款人视角对影响P2P贷款人交易决策的因素、从借款人视角对影响借款人违约的因素、从传统中介视角对P2P风险溢出效应、从监管者视角对监管策略分别进行了文献综述与研究展望,并结合监管策略研究,对当前P2P监管困境及监管优化提出了对策建议。研究意义上,厘清交易决策的影响因素将为引导投资人进行理性交易提供逻辑借鉴,理解违约风险的形成机制、溢出特征及其对货币政策传导效力的扰动作用将为强化风险监管提供路径参考,反思P2P在监管思路、监管导向与监管博弈方面的现实困境并提出监管优化策略,将为实现创新式监管提供政策依据。
[Abstract]:The author takes the P2P network lending behavior as the research object, from the perspective of the lender to the impact of P2P lender transaction decision-making factors, from the perspective of the borrower to affect the borrower default factors. From the perspective of traditional intermediary to P2P risk spillover effect, from the perspective of regulators to the regulatory strategy of literature review and research prospects, and combined with regulatory strategy research. This paper puts forward some countermeasures and suggestions on the current P2P regulatory dilemma and regulatory optimization. In the research significance, clarifying the factors affecting transaction decision will provide logical reference for guiding investors to conduct rational trading. Understanding the formation mechanism of default risk, spillover characteristics and its effect on monetary policy transmission will provide a path reference for strengthening risk supervision, and reflect the ideas of P2P supervision. The practical dilemma of supervision guidance and supervision game and the optimization strategy of supervision will provide policy basis for the realization of innovative supervision.
【作者单位】：天津财经大学经济学院金融系;天津市科技金融研究院;
【基金】：教育部人文社科青年基金“货币政策、营运资本平滑与投资效率的动态传导效应”(项目编号:14YJC630174) 国家社会科学基金一般项目“货币政策波动与企业投资结构再平衡研究”(项目编号:17BGL062)
【分类号】：F724.6;F832.4
【正文快照】： 一、引言P2P网络借贷(Peer-to-Peer lending)是指贷款人与投资人之间通过网络借贷平台而不是传统银行等金融机构产生的借贷行为(Bachmann et al.,2011;廖理等,2014)[1-2]。P2P作为一种新型融资模式,不仅能为投资者和融资者提供交易信息和交易场景,还能结合互联网与大数据技术

【相似文献】