信任视角下的家庭借贷行为研究  

A Research on Household’s Borrowing and Lending from the Perspective of Trust

作　　者：尹志超[1] 潘北啸 YIN Zhi-chao;PAN Bei-xiao

机构地区：[1]首都经济贸易大学金融学院,北京100070

出　　处：《金融论坛》2020年第4期15-26,80,共13页Finance Forum

基　　金：国家自然科学基金一般项目(71373213);国家社科基金重点项目(16AZ014);北京市社科重大项目(15ZDA45);中组部青年拔尖人才支持计划、教育部新世纪优秀人才支持计划、北京市青年拔尖团队项目。

摘　　要：基于2015年和2017年中国家庭金融调查数据,本文实证研究发现,信任能够提高家庭正规信贷可得性,降低家庭使用非正规信贷的概率。进一步地,信贷可得性的差异带来家庭负债结构的变化,信任能够提升家庭正规信贷占比,降低非正规信贷占比。信任提升家庭资金借出概率,但这种关系并不是单调递增的,而是存在适度信任现象。异质性分析表明,在户主文化程度低的家庭和农村地区家庭,信任对借出的影响更大。因此,本文的结果表明,信任能够在一定程度上缓解家庭融资的困难。Based on the data of China Household Finance Survey in 2015 and 2017, the empirical study of this paper shows that trust can raise the household’s availability of formal credit, and reduce the household’s probability of using informal credit. Further, the difference in credit availability results in the change in the structure of household debt, and trust can raise the ratio of household’s formal credit and reduce the ratio of informal credit. Trust raises the probability of household fund to be lent, but this relationship is not monotonically increasing, and there exists a right level of trust. The heterogeneity analysis shows that trust has a greater impact on lending in the rural households and the households where the heads receive less education. The results of this paper show that trust can reduce the difficulty of household financing to some extent.

关 键 词：信任 适度信任 家庭借贷 信贷需求 正规信贷 

分 类 号：F832.4[经济管理—金融学]