Does credit scoring improve the selection of borrowers and credit quality?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Pagano, Marco & Jappelli, Tullio, 1993.
"Information Sharing in Credit Markets,"
Journal of Finance, American Finance Association, vol. 48(5), pages 1693-1718, December.
- Jappelli, Tullio & Pagano, Marco, 1991. "Information Sharing in Credit Markets," CEPR Discussion Papers 579, C.E.P.R. Discussion Papers.
- Artashes Karapetyan & Bogdan Stacescu, 2014.
"Information Sharing and Information Acquisition in Credit Markets,"
Review of Finance, European Finance Association, vol. 18(4), pages 1583-1615.
- Artashes Karapetyan & Bogdan Stacescu, 2009. "Information sharing and information acquisition in credit markets," IEW - Working Papers 454, Institute for Empirical Research in Economics - University of Zurich.
- Karapetyan, A. & Stacescu, B., 2009. "Information Sharing and Information Acqusition in Credit Markets," Other publications TiSEM 2e34e2de-5789-4ad7-a97b-2, Tilburg University, School of Economics and Management.
- Karapetyan, A. & Stacescu, B., 2009. "Information Sharing and Information Acqusition in Credit Markets," Discussion Paper 2009-36 S, Tilburg University, Center for Economic Research.
- Artashes Karapetyan & Bogdan Stacescu, 2010. "Information sharing and information acquisition in credit markets," Working Paper 2010/24, Norges Bank.
- Albareto, Giorgio & Benvenuti, Michele & Mocetti, Sauro & Pagnini, Marcello & Rossi, Paola, 2011.
"The Organization of Lending and the Use of Credit Scoring Techniques in Italian Banks,"
Journal of Financial Transformation, Capco Institute, vol. 32, pages 143-158.
- Albareto, Giorgio & Benvenuti, Michele & Mocetti, Sauro & Pagnini, Marcello & Rossi, Paola, 2011. "The Organization of Lending and the Use of Credit Scoring Techniques in Italian Banks," Journal of Financial Transformation, Capco Institute, vol. 32, pages 143-168.
- Ono, Arito & Hasumi, Ryo & Hirata, Hideaki, 2014.
"Differentiated use of small business credit scoring by relationship lenders and transactional lenders: Evidence from firm–bank matched data in Japan,"
Journal of Banking & Finance, Elsevier, vol. 42(C), pages 371-380.
- Arito Ono & Ryo Hasumi & Hideaki Hirata, "undated". "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm?Bank Matched Data in Japan," Working Paper 164441, Harvard University OpenScholar.
- HASUMI Ryo & HIRATA Hideaki & ONO Arito, 2011. "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from firm-bank matched data in Japan," Discussion papers 11070, Research Institute of Economy, Trade and Industry (RIETI).
- Hasumi, Ryo & Hirata, Hideaki & Ono, Arito, 2012. "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm-Bank Matched Data in Japan," Working Paper Series 23, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
- DeYoung, Robert & Glennon, Dennis & Nigro, Peter, 2008. "Borrower-lender distance, credit scoring, and loan performance: Evidence from informational-opaque small business borrowers," Journal of Financial Intermediation, Elsevier, vol. 17(1), pages 113-143, January.
- Allen N. Berger & Gregory F. Udell, 2002.
"Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure,"
Economic Journal, Royal Economic Society, vol. 112(477), pages 32-53, February.
- Allen N. Berger & Gregory F. Udell, 2001. "Small business credit availability and relationship lending: the importance of bank organizational structure," Finance and Economics Discussion Series 2001-36, Board of Governors of the Federal Reserve System (U.S.).
- Brown, Martin & Degryse, Hans & Höwer, Daniel & Penas, María Fabiana, 2012. "How do banks screen innovative firms? Evidence from start-up panel data," ZEW Discussion Papers 12-032, ZEW - Leibniz Centre for European Economic Research.
- Gabriel Jiménez & Steven Ongena & José‐Luis Peydró & Jesús Saurina, 2014.
"Hazardous Times for Monetary Policy: What Do Twenty‐Three Million Bank Loans Say About the Effects of Monetary Policy on Credit Risk‐Taking?,"
Econometrica, Econometric Society, vol. 82(2), pages 463-505, March.
- Jiménez, Gabriel & Ongena, Steven & Peydró, José-Luis & Saurina, Jesús, 2014. "Hazardous times for monetary policy: what do twenty-three million bank loans say about the effects of monetary policy on credit risk-taking?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 82(2), pages 463-505.
- Gabriel Jiménez & Steven Ongena & José Luis Peydró & Jesús Saurina, 2009. "Hazardous times for monetary policy: What do twenty-three million bank loans say about the effects of monetary policy on credit risk-taking?," Working Papers 0833, Banco de España.
- Cerqueiro, Geraldo & Degryse, Hans & Ongena, Steven, 2011.
"Rules versus discretion in loan rate setting,"
Journal of Financial Intermediation, Elsevier, vol. 20(4), pages 503-529, October.
- Geraldo CERQUEIRO & Hans DEGRYSE & Steven ONGENA, 2007. "Rules versus discretion in loan rate setting," Working Papers of Department of Economics, Leuven ces0723, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-026, Tilburg University, Tilburg Law and Economic Center.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Discussion Paper 2007-59, Tilburg University, Center for Economic Research.
- Geraldo Cerqueiro & Hans Degryse & Steven Ongena, 2007. "Rules versus Discretion in Loan Rate Setting," CESifo Working Paper Series 2091, CESifo.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 64250647-2852-4abe-9566-a, Tilburg University, School of Economics and Management.
- Degryse, Hans & Ongena, Steven & Cerqueiro, Geraldo, 2007. "Rules versus Discretion in Loan Rate Setting," CEPR Discussion Papers 6450, C.E.P.R. Discussion Papers.
- Cerqueiro, G.M. & Degryse, H.A. & Ongena, S., 2007. "Rules versus Discretion in Loan Rate Setting," Other publications TiSEM 840de6bc-3ce4-40cd-82df-8, Tilburg University, School of Economics and Management.
- Martin Brown & Matthias Schaller & Simone Westerfeld & Markus Heusler, 2012.
"Information or Insurance? On the Role of Loan Officer Discretion in Credit Assessment,"
Mo.Fi.R. Working Papers
67, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Brown, Martin & Schaller, Matthias & Westerfeld, Simone & Heusler, Markus, 2012. "Information or Insurance? On the Role of Loan Officer Discretion in Credit Assessment," Working Papers on Finance 1203, University of St. Gallen, School of Finance.
- Jeremy C. Stein, 2002. "Information Production and Capital Allocation: Decentralized versus Hierarchical Firms," Journal of Finance, American Finance Association, vol. 57(5), pages 1891-1921, October.
- Padilla, A Jorge & Pagano, Marco, 1997.
"Endogenous Communication among Lenders and Entrepreneurial Incentives,"
The Review of Financial Studies, Society for Financial Studies, vol. 10(1), pages 205-236.
- Padilla, A.J. & Pagano, M., 1994. "Endogenous Communication Among Lenders and Entrepreneurial Incentives," Papers 9407, Centro de Estudios Monetarios Y Financieros-.
- A. Jorge Padilla & Marco Pagano, 1994. "Endogenous Communication Among Lenders and Entrepreneurial Incentives," Working Papers wp1994_9407, CEMFI.
- Padilla, Atilano Jorge & Pagano, Marco, 1996. "Endogenous Communication Among Lenders and Entrepreneurial Incentives," CEPR Discussion Papers 1295, C.E.P.R. Discussion Papers.
- Allen Berger & Adrian Cowan & W. Frame, 2011. "The Surprising Use of Credit Scoring in Small Business Lending by Community Banks and the Attendant Effects on Credit Availability, Risk, and Profitability," Journal of Financial Services Research, Springer;Western Finance Association, vol. 39(1), pages 1-17, April.
- Berger, Allen N & Frame, W Scott & Miller, Nathan H, 2005.
"Credit Scoring and the Availability, Price, and Risk of Small Business Credit,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 37(2), pages 191-222, April.
- Allen N. Berger & W. Scott Frame & Nathan H. Miller, 2002. "Credit scoring and the availability, price, and risk of small business credit," Finance and Economics Discussion Series 2002-26, Board of Governors of the Federal Reserve System (U.S.).
- Allen N. Berger & W. Scott Frame & Nathan H. Miller, 2002. "Credit scoring and the availability, price, and risk of small business credit," FRB Atlanta Working Paper 2002-6, Federal Reserve Bank of Atlanta.
- Ugo Albertazzi & Ginette Eramo & Leonardo Gambacorta & Carmelo Salleo, 2011.
"Securitization is not that evil after all,"
BIS Working Papers
341, Bank for International Settlements.
- Ugo Albertazzi & Ginette Eramo & Leonardo Gambacorta & Carmelo Salleo, 2011. "Securitization is not that evil after all," Temi di discussione (Economic working papers) 796, Bank of Italy, Economic Research and International Relations Area.
- W. Scott Frame & Lynn Woosley, 2004. "Credit Scoring and the Availability of Small Business Credit in Low‐ and Moderate‐Income Areas," The Financial Review, Eastern Finance Association, vol. 39(1), pages 35-54, February.
- Benjamin J. Keys & Tanmoy Mukherjee & Amit Seru & Vikrant Vig, 2010. "Did Securitization Lead to Lax Screening? Evidence from Subprime Loans," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(1), pages 307-362.
- Marcello Bofondi & Giorgio Gobbi, 2006. "Informational Barriers to Entry into Credit Markets," Review of Finance, European Finance Association, vol. 10(1), pages 39-67.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Porzio, Claudio & Sampagnaro, Gabriele & Verdoliva, Vincenzo, 2020. "Lost in Translation: The determinants and the effect of soft information dispersion in bank lending," Global Finance Journal, Elsevier, vol. 43(C).
- Amanda Carmignani & Guido de Blasio & Cristina Demma & Alessio D'Ignazio, 2019. "Urban agglomerations and firm access to credit," Temi di discussione (Economic working papers) 1222, Bank of Italy, Economic Research and International Relations Area.
- Amanda Carmignani & Guido de Blasio & Cristina Demma & Alessio D'Ignazio, 2021. "Urbanization and firm access to credit," Journal of Regional Science, Wiley Blackwell, vol. 61(3), pages 597-622, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Stefano Filomeni & Gregory F. Udell & Alberto Zazzaro, 2016.
"Hardening Soft Information: How Far Has Technology Taken Us?,"
CSEF Working Papers
455, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Stefano Filomeni & Gregory F. Udell & Alberto Zazzaro, 2016. "Hardening Soft Information: How Far Has Technology Taken Us?," Mo.Fi.R. Working Papers 121, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Chu, Yinxiao & Li, Zhao & Wei, Jianxing & Wu, Weixing, 2022. "A tale of two markets: Labor market mobility and bank information sharing," Journal of Economic Dynamics and Control, Elsevier, vol. 141(C).
- Francesco Ciampi & Alessandro Giannozzi & Giacomo Marzi & Edward I. Altman, 2021. "Rethinking SME default prediction: a systematic literature review and future perspectives," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(3), pages 2141-2188, March.
- Gregory S. Crawford & Nicola Pavanini & Fabiano Schivardi, 2018.
"Asymmetric Information and Imperfect Competition in Lending Markets,"
American Economic Review, American Economic Association, vol. 108(7), pages 1659-1701, July.
- Gregory S. Crawford & Nicola Pavanini & Fabiano Schivardi, 2015. "Asymmetric information and imperfect competition in lending markets," ECON - Working Papers 192, Department of Economics - University of Zurich.
- Gregory S. Crawford & Nicola Pavanini & Fabiano Schivardi, 2017. "Asymmetric Information and Imperfect Competition in Lending Markets," EIEF Working Papers Series 1712, Einaudi Institute for Economics and Finance (EIEF), revised Oct 2017.
- Crawford, Gregory S. & Pavanini, Nicola & Schivardi, Fabiano, 2015. "Asymmetric Information and Imperfect Competition in Lending Markets," CAGE Online Working Paper Series 227, Competitive Advantage in the Global Economy (CAGE).
- Schivardi, Fabiano & Crawford, Gregory & Pavanini, Nicola, 2015. "Asymmetric Information and Imperfect Competition in Lending Markets," CEPR Discussion Papers 10473, C.E.P.R. Discussion Papers.
- Masazumi Hattori & Kohei Shintani & Hirofumi Uchida, 2015. "The Repository of Soft Information within Bank Organizations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(4), pages 737-770, June.
- Stefano Filomeni & Michele Modina & Elena Tabacco, 2023. "Trade credit and firm investments: empirical evidence from Italian cooperative banks," Review of Quantitative Finance and Accounting, Springer, vol. 60(3), pages 1099-1141, April.
- José María Liberti & Mitchell A. Petersen, 2018. "Information: Hard and Soft," NBER Working Papers 25075, National Bureau of Economic Research, Inc.
- Durguner, Sena, 2017. "Do borrower-lender relationships still matter for small business loans?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 50(C), pages 98-118.
- Berger, Allen N. & Udell, Gregory F., 2006. "A more complete conceptual framework for SME finance," Journal of Banking & Finance, Elsevier, vol. 30(11), pages 2945-2966, November.
- Dierkes, Maik & Erner, Carsten & Langer, Thomas & Norden, Lars, 2013. "Business credit information sharing and default risk of private firms," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2867-2878.
- Kalyvas, Antonios Nikolaos & Mamatzakis, Emmanuel, 2017.
"Do creditor rights and information sharing affect the performance of foreign banks?,"
Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 50(C), pages 13-35.
- Emmanuel C. Mamatzakis & Antonios Kalyvas, 2017. "Do creditor rights and information sharing affect the performance of foreign banks?," Working Papers 232, Bank of Greece.
- Antonios Nikolaos Kalyvas & Emmanuel Mamatzakis, 2017. "Do creditor rights and information sharing affect the performance of foreign banks?," Post-Print hal-02002554, HAL.
- W. Scott Frame & Lawrence J. White, 2009.
"Technological change, financial innovation, and diffusion in banking,"
FRB Atlanta Working Paper
2009-10, Federal Reserve Bank of Atlanta.
- W. Scott Frame & Lawrence J. White, 2014. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 14-02, New York University, Leonard N. Stern School of Business, Department of Economics.
- W. Scott Frame & Lawrence J. White, 2009. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 09-03, New York University, Leonard N. Stern School of Business, Department of Economics.
- Allen N. Berger & William Goulding & Tara N. Rice, 2013. "Do Small Businesses Still Prefer Community Banks?," International Finance Discussion Papers 1096, Board of Governors of the Federal Reserve System (U.S.).
- Dmytro Holod & Joe Peek, 2013. "The value to banks of small business lending," Working Papers 13-7, Federal Reserve Bank of Boston.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2017.
"The geographical network of bank organizations: issues and evidence for Italy,"
Chapters, in: Ron Martin & Jane Pollard (ed.), Handbook on the Geographies of Money and Finance, chapter 8, pages 156-196,
Edward Elgar Publishing.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2015. "The geographical network of bank organizations: issues and evidence for Italy," Mo.Fi.R. Working Papers 105, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
- Luca Papi & Emma Sarno & Alberto Zazzaro, 2015. "The Geographical Network of Bank Organizations: Issues and Evidence for Italy," CSEF Working Papers 403, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Berger, Allen N. & Goulding, William & Rice, Tara, 2014. "Do small businesses still prefer community banks?," Journal of Banking & Finance, Elsevier, vol. 44(C), pages 264-278.
- Bertrand, Jérémie & Klein, Paul-Olivier, 2021. "Creditor information registries and relationship lending," International Review of Law and Economics, Elsevier, vol. 65(C).
- Theodora Bermpei & Antonios Nikolaos Kalyvas & Lorenzo Neri & Antonella Russo, 2019. "Will Strangers Help you Enter? The Effect of Foreign Bank Presence on New Firm Entry," Journal of Financial Services Research, Springer;Western Finance Association, vol. 56(1), pages 1-38, August.
- repec:zbw:bofrdp:2018_017 is not listed on IDEAS
- Ono, Arito & Hasumi, Ryo & Hirata, Hideaki, 2014.
"Differentiated use of small business credit scoring by relationship lenders and transactional lenders: Evidence from firm–bank matched data in Japan,"
Journal of Banking & Finance, Elsevier, vol. 42(C), pages 371-380.
- Arito Ono & Ryo Hasumi & Hideaki Hirata, "undated". "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm?Bank Matched Data in Japan," Working Paper 164441, Harvard University OpenScholar.
- HASUMI Ryo & HIRATA Hideaki & ONO Arito, 2011. "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from firm-bank matched data in Japan," Discussion papers 11070, Research Institute of Economy, Trade and Industry (RIETI).
- Hasumi, Ryo & Hirata, Hideaki & Ono, Arito, 2012. "Differentiated Use of Small Business Credit Scoring by Relationship Lenders and Transactional Lenders: Evidence from Firm-Bank Matched Data in Japan," Working Paper Series 23, Center for Interfirm Network, Institute of Economic Research, Hitotsubashi University.
- Sauro Mocetti & Marcello Pagnini & Enrico Sette, 2017.
"Information Technology and Banking Organization,"
Journal of Financial Services Research, Springer;Western Finance Association, vol. 51(3), pages 313-338, June.
- Sauro Mocetti & Marcello Pagnini & Enrico Sette, 2010. "Information technology and banking organization," Temi di discussione (Economic working papers) 752, Bank of Italy, Economic Research and International Relations Area.
More about this item
Keywords
credit scoring; credit supply; bank risk-taking; loan defaults;All these keywords.
JEL classification:
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2016-11-13 (Banking)
- NEP-CFN-2016-11-13 (Corporate Finance)
- NEP-PAY-2016-11-13 (Payment Systems and Financial Technology)
- NEP-URE-2016-11-13 (Urban and Real Estate Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdi:wptemi:td_1090_16. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/bdigvit.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.