摘要
受教育水平的高低是否会带来自身风险评估的差异尚不明确。本文利用人人贷平台2012—2016年31万多个借贷样本数据对该问题进行实证分析。实证结果表明,借款金额及信用等级越高,借款人提供的利率溢价越低;借款期限越长,利率溢价越高,并且在面对借款不利因素时,低学历群体更容易更悲观地评估自己的风险,倾向于提供更高的利率溢价。同时,研究考虑了P2P网络借贷中大部分是低学历水平的小企业主,在融资时面对着较高的借贷门槛。该研究结果为实现普惠金融提供了政策思考。
It was not clear whether the level of education will bring about differences in borrowers'own risk assessment.This paper uses more than 310,000 sample data from the Renren's online Lending platform from 2012-2016 to empirically analyze the subject.The results show that the higher the loan amount and credit rating,the lower the interest rate premium is offered by the borrowers.The longer the maturity,the higher the interest rate premium is.At the same time,the research takes into account the fact that most of P2P online borrowersare small business owners with low educational level,and they are faced with higher borrowing threshold when financing.This study provides policy considerations for achieving inclusive financing.
作者
李汛
夏从灵
LI Xun;XIA Cong-ling(School of Economics and Management,Wuhan University,Wuhan 430072;School of Economics,Peking University,Beijing 100871,China)
出处
《兰州财经大学学报》
2019年第4期1-9,共9页
Journal of Lanzhou University of Finance and Economics
基金
国家自然科学基金青年项目“不对称信息下我国P2P网贷平台进出决策与投资者动态学习行为研究”(71602149)
中央高校基本科研业务费专项资金项目“武汉大学自主科研青年项目”
