Information Sharing in Credit Markets: International Evidence
Tullio Jappelli () and
Marco Pagano
No 3069, Research Department Publications from Inter-American Development Bank, Research Department
Abstract:
Theory predicts that information sharing among lenders attenuates adverse selection and moral hazard, and can therefore increase lending and reduce default rates. We construct a new international data set on credit bureaus and public credit registers. The theoretical predictions are broadly consistent with our data. We also study why central banks often supplement private arrangements by creating public credit registers and distribution of information about borrowers` credit histories. Public intervention is more likely where creditor rights are poorly protected and private arrangements have not arisen spontaneously.
Date: 1999-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (24)
Downloads: (external link)
http://www.iadb.org/research/pub_hits.cfm?pub_id=R ... le_name=pubR-371.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.iadb.org/research/pub_hits.cfm?pub_id=R-371&pub_file_name=pubR-371.pdf [301 Moved Permanently]--> https://www.iadb.org/research/pub_hits.cfm?pub_id=R-371&pub_file_name=pubR-371.pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:idb:wpaper:3069
Access Statistics for this paper
More papers in Research Department Publications from Inter-American Development Bank, Research Department Contact information at EDIRC.
Bibliographic data for series maintained by Felipe Herrera Library ().