The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia

Detalhes bibliográficos
Autor(a) principal: Watermann, Lion Wilhelm Werner
Data de Publicação: 2021
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/157089
Resumo: Peer-to-peer (P2P) lending is an alternative to traditional bank lending. Using data from the Estonian P2P lending platform Bondora, this paper examines the competitive relationship between P2P lending and traditional bank lending in Estonia. It is shown that P2P lending appeals to a broad segment of the population. Based on individual level data for each loan granted through Bondora in the past twelve years, various regression analyses are performed. The results suggest that P2P loans and bank loans tend to be substitutes for individuals with good credit ratings. Individuals with poor creditworthiness, instead, tend to use P2P loans in a complementary way.
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spelling The competitive relationship between peer-to-peer lending and traditional lending: evidence from EstoniaPeer-to-peer lendingAlternative financeLoan marketsCompetitive relationshipConsumer creditDomínio/Área Científica::Ciências Sociais::Economia e GestãoPeer-to-peer (P2P) lending is an alternative to traditional bank lending. Using data from the Estonian P2P lending platform Bondora, this paper examines the competitive relationship between P2P lending and traditional bank lending in Estonia. It is shown that P2P lending appeals to a broad segment of the population. Based on individual level data for each loan granted through Bondora in the past twelve years, various regression analyses are performed. The results suggest that P2P loans and bank loans tend to be substitutes for individuals with good credit ratings. Individuals with poor creditworthiness, instead, tend to use P2P loans in a complementary way.Queiró, Francisco Pizarro Beleza RodriguesRUNWatermann, Lion Wilhelm Werner2023-09-01T08:10:12Z2022-01-102021-12-122022-01-10T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10362/157089TID:202997782enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:39:17Zoai:run.unl.pt:10362/157089Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:56:32.102613Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
title The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
spellingShingle The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
Watermann, Lion Wilhelm Werner
Peer-to-peer lending
Alternative finance
Loan markets
Competitive relationship
Consumer credit
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
title_short The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
title_full The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
title_fullStr The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
title_full_unstemmed The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
title_sort The competitive relationship between peer-to-peer lending and traditional lending: evidence from Estonia
author Watermann, Lion Wilhelm Werner
author_facet Watermann, Lion Wilhelm Werner
author_role author
dc.contributor.none.fl_str_mv Queiró, Francisco Pizarro Beleza Rodrigues
RUN
dc.contributor.author.fl_str_mv Watermann, Lion Wilhelm Werner
dc.subject.por.fl_str_mv Peer-to-peer lending
Alternative finance
Loan markets
Competitive relationship
Consumer credit
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
topic Peer-to-peer lending
Alternative finance
Loan markets
Competitive relationship
Consumer credit
Domínio/Área Científica::Ciências Sociais::Economia e Gestão
description Peer-to-peer (P2P) lending is an alternative to traditional bank lending. Using data from the Estonian P2P lending platform Bondora, this paper examines the competitive relationship between P2P lending and traditional bank lending in Estonia. It is shown that P2P lending appeals to a broad segment of the population. Based on individual level data for each loan granted through Bondora in the past twelve years, various regression analyses are performed. The results suggest that P2P loans and bank loans tend to be substitutes for individuals with good credit ratings. Individuals with poor creditworthiness, instead, tend to use P2P loans in a complementary way.
publishDate 2021
dc.date.none.fl_str_mv 2021-12-12
2022-01-10
2022-01-10T00:00:00Z
2023-09-01T08:10:12Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10362/157089
TID:202997782
url http://hdl.handle.net/10362/157089
identifier_str_mv TID:202997782
dc.language.iso.fl_str_mv eng
language eng
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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