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：155

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：

1201 ;

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

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