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finance. Through the roundly questionnaire survey in the Hui autonomous prefecture of Linxia to understand the present … conditions, reasons and purposes of the region's informal credit, and analyze the problems arise during the development of …
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Information asymmetry in the anonymous informal finance market drives the lenders to screen the borrowers by disclosed information. Using data from a powerful online peer-to-peer lending platform, we study the effects of formal financing records on successful funding and default outcomes in the...
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