Shadow bank, risk-taking, and real estate financing: Evidence from the online loan market
This paper examines whether and how individual risk-taking behavior affects real estate financing through shadow banks. Using the loan data from an online platform in China, we show that riskier households tend to employ online loans to meet the increasing down-payment in their home purchase. Indivi...
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| Main Authors: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2024
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7239 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8238/viewcontent/ShadowBank_av.pdf |
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| Institution: | Singapore Management University |
| Language: | English |