摘要
本文对借方行为的社会网络与信贷交易模型进行拓展,从隐性担保视角分析社会网络对借贷双方的正向影响机制,结合中国家庭金融调查微观面板数据,构建"家庭借款回收率"指标,对其正向影响机制进行实证检验,在完善社会网络影响家庭负债行为理论的同时,补充其机理分析的实证研究。研究发现,社会网络对家庭民间借入、借出规模均存在正效应,并且借出规模的正效应是通过对家庭借款回收率的正向中介效应而实现的。因此,家庭应在重视自身社会网络培养的基础上,更需系统分析并科学规划,政府需加强诚信文化体制建设并完善相关法律法规,金融机构可以尝试将社会网络的培养纳入金融创新。
We extend the social network and credit transaction model of borrower behavior, analyze the positive impact mechanism of social network on borrowers and lenders from the perspective of implicit guarantee, constructs the "household loan recovery rate" index combined with the micro panel data of Chinese Household Finance Survey, and empirically tests its positive impact mechanism, which complements the empirical study of its mechanistic analysis while refining the theory of social networks influencing household debt behavior. It is found that social network has a positive effect on household private borrowing and lending scale, and the positive effect of lending scale is realized through the positive intermediary effect on household loan recovery rate. Therefore, households need more systematic analysis and scientific planning on the basis of paying attention to the cultivation of their own social network. The government needs to strengthen the construction of integrity culture system and improve relevant laws and regulations. Financial institutions can try to bring the cultivation of social network into financial innovation.
作者
张婷
胡中立
何德旭
Zhang Ting;Hu Zhongli;He Dexu
出处
《宏观经济研究》
CSSCI
北大核心
2021年第11期17-33,共17页
Macroeconomics
基金
山西省高等学校科学研究优秀成果培育项目“城乡居民家庭金融资产配置与收入差距的动态影响机制——基于状态空间系统的估计”(2019SK024)
山西省软科学研究计划项目“山西省农村公共基础设施管护模式及效果评价研究”(2019041021-6)的资助。
关键词
社会网络
家庭民间借入行为
家庭民间借出行为
中介效应
Social network
Household private borrowing behavior
Household private lending behavior
Mediating effect
