Capital Market Development: China and Asia Seminar Series — Data vs. Collateral
Capital Market Development: China and Asia Seminar Series — Data vs. Collateral
COLLABORATING ORGANIZERS The use of massive amounts of data by large technology firms (big techs) to assess firms’ creditworthiness could reduce the need for collateral in solving asymmetric information problems in credit markets. Using a unique dataset of more than two million Chinese firms that received credit from both an important big tech firm […]