Tang, Manping; Zhu, Kailang; Li, Xinghong; Yang, Wei - In: Pakistan Journal of Commerce and Social Sciences (PJCSS) 16 (2022) 2, pp. 222-235
platform), we investigate whether high-risk investors contribute to online P2P loan default risks and interest rates. Our … empirical results show that, with 1% increase in the percentage of high-risk investors in a loan, the likelihood of loan default … would increase by 0.79% and the loan's interest rate would increase by 4%. Our analysis suggests that the percentage of high-risk …