Interest Rate Credit Rationing of Technological SMEs under Loan Risk Compensation Mechanism

被引：0

作者：

Yang, Changbing ^{[1
,2
,3
]}

Zhang, Mu ^{[1
]}

机构：

[1] Guizhou Univ Finance & Econ, Sch Finance, Guiyang, Guizhou, Peoples R China

[2] Guizhou Univ Finance & Econ, Guizhou Inst Urban Econ & Dev, Guiyang, Guizhou, Peoples R China

[3] Guizhou Univ Finance & Econ, Guizhou Inst Technol Innovat & Entrepreneurship I, Guiyang, Guizhou, Peoples R China

来源：

2017 3RD ICCE INTERNATIONAL CONFERENCE ON SOCIAL SCIENCE (ICCE-ICSS 2017) | 2017年 / 12卷

关键词：

Loan risk; Loan risk compensation mechanism; Credit rationing; Interest rate credit rationing; Technological SMEs; IMPERFECT INFORMATION; ASYMMETRIC INFORMATION; MARKETS;

D O I：

暂无

中图分类号：

C [社会科学总论];

学科分类号：

03 ; 0303 ;

摘要：

This paper analyzes the influence of loan risk compensation on credit rationing of technological SMEs in the competitive market and we use the interest rate as the only screening device of credit risk. According to the derivation of the model built by the author, we find that when the rate of loan risk compensation formulated by the government is bigger than the minimum rate Am,, the loan risk compensation will relieve the credit rationing faced by the technological SMEs, namely, the commercial banks will provide more loan to technological SMEs at the same interest rate.

引用

页码：174 / 182

页数：9

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