P2P网络借贷实证研究:一个文献综述

发布时间：2018-10-20 09:41

【摘要】：P2P网络借贷从其诞生之日起,由于其去中介化的运行模式,被作为一种全新的互联网金融模式受到研究者的广泛关注。加上大数据背景下的数据可得性,已形成一系列的实证研究成果。目前的P2P网络借贷实证研究主要集中于两个方面:一是针对借款人信息价值的研究,比较一致的结论是,凡是信息都是有价值的,无论是财务信息、个人特征或者社会关系有助于评估借款人的信用,那些需要高成本认证的信息价值更高;二是针对出借人投资行为的研究,出借人是否具有信息识别能力目前的研究结论并不一致,在出借人行为中也检验出本地偏好、羊群行为、学习能力和风险厌恶等传统金融市场上发现的投资者行为。我们提出了P2P网络借贷实证研究的未来方向:一是针对大数据环境下新信息的研究;二是传统商业银行的消费信贷与P2P网络借贷的对比分析;三是P2P网络借贷的国际比较分析。
[Abstract]:Since its birth, P2P network lending has been widely concerned by researchers because of its disintermediation mode. In addition, the availability of data under the background of big data has formed a series of empirical research results. The current empirical research on P2P network lending mainly focuses on two aspects: one is the research on the information value of borrowers. The more consistent conclusion is that all information is valuable, regardless of financial information. Personal characteristics or social relationships help to assess borrowers' credit, and those that require high cost certification are of higher value; second, are studies of lenders' investment behavior. Whether the lender has the ability to identify information is not consistent with the current research conclusions. In the behavior of the lender, the local preference, herd behavior, learning ability and risk aversion are also tested in the traditional financial market found by investors. We propose the future direction of the empirical research on P2P network lending: first, the research on new information under big data environment; second, the comparative analysis of consumer credit and P2P network lending of traditional commercial banks; third, the international comparative analysis of P2P network lending.
【作者单位】：清华大学五道口金融学院;
【分类号】：F713.36;F831.2

【相似文献】