| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28118 |
| 来源ID | Working Paper 28118 |
| Open Banking: Credit Market Competition When Borrowers Own the Data | |
| Zhiguo He; Jing Huang; Jidong Zhou | |
| 发表日期 | 2020-11-23 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Open banking facilitates data sharing consented by customers who generate the data, with a regulatory goal of promoting competition between traditional banks and challenger fintech entrants. We study lending market competition when sharing banks' customer data enables better borrower screening or targeting by fintech lenders. Open banking could make the entire financial industry better off yet leave all borrowers worse off, even if borrowers could choose whether to share their data. We highlight the importance of equilibrium credit quality inference from borrowers' endogenous sign-up decisions. When data sharing triggers privacy concerns by facilitating exploitative targeted loans, the equilibrium sign-up population can grow with the degree of privacy concerns. |
| 主题 | Microeconomics ; Households and Firms ; Financial Economics ; Financial Institutions ; Industrial Organization ; Market Structure and Firm Performance ; Regulatory Economics |
| URL | https://www.nber.org/papers/w28118 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585792 |
| 推荐引用方式 GB/T 7714 | Zhiguo He,Jing Huang,Jidong Zhou. Open Banking: Credit Market Competition When Borrowers Own the Data. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28118.pdf（738KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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