智利各类消费贷款机构的债务和劳动风险分类

IF 1.3 Q3 BUSINESS, FINANCE
Carlos Madeira
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引用次数: 0

摘要

智利的消费贷款市场对高负债水平和信贷限制有着强烈的担忧。通过调查数据,我发现银行拥有收入和教育程度最高、失业率最低的借款人,而无法获得债务的家庭收入和教育程度最低,失业风险最高。然后,我模拟了反事实政策的效果,如加强借款人还款能力测试和提高金融知识水平。还款能力测试减少了所有贷款人类型的借款人数、债务总额和债务风险。金融知识普及计划的效果更为显著,在所有贷款人类型中,借款人数量、债务总额和拖欠风险都减少了一半以上。金融知识普及计划是通过增加 "不希望负债 "的家庭数量来实现其效果的,而偿还能力测试的缺点是增加了 "无法获得债务 "的家庭数量。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

Indebtedness and labor risk sorting across consumer lender types in Chile

Indebtedness and labor risk sorting across consumer lender types in Chile

Chile’s consumer loan market has strong concerns about high indebtedness levels and credit constraints. Using survey data, I show that banks have the borrowers of highest income and education and the lowest unemployment rates, while households with no access to debt have the lowest income and education and the highest unemployment risk. I then simulate the effects of counterfactual policies, such as increased borrower repayment capacity tests and better financial literacy. Repayment capacity testing reduces the number of borrowers, aggregate debt amounts, and debt risk across all lender types. Financial literacy program has even stronger effects, reducing the number of borrowers, aggregate debt amounts, and delinquency risk by more than half across all lender types. The financial literacy program achieves its effect by increasing the number of households with “No wish for debt,” while the repayment capacity test has the downside of increasing the number of households with “No access to debt.”

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来源期刊
CiteScore
3.70
自引率
6.20%
发文量
21
期刊介绍: Under the guidance of its highly respected Editors and an eminent and truly international Editorial Board?Journal of Banking Regulation?has established itself as one of the leading sources of authoritative and detailed information on all aspects of law and regulation affecting banking institutions.Journal of Banking Regulation?publishes in each quarterly issue detailed briefings analyses and updates which are of direct relevance to practitioners working in the field while meeting the highest intellectual standards.Journal of Banking Regulation?publishes the latest thinking and best practice on:Basel I II and IIIModels for banking supervisionInternational accounting standardsDeposit protectionEnforcement decisions in banking regulation and supervisionCross-border competition in banking servicesCorporate governance in banksHarmonisation in banking marketsSupervising credit riskAnti-money laundering legislation and regulationsMonetary integrationRisk capital and capital adequacySystemic risk in banking operationsCross-border regulationCross-border bank insolvencyModels for banking riskEssential reading for:central bankersbanking supervisorsfinancial regulatorsbankerscompliance officersheads of risk managementpolicy makersbank associationslawyers specialising in banking lawaccountantsinternal and external bank auditorsacademics and researchers
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