Книги
Exploring the conjunction between the structures of deposit and credit markets in the digital economy under information asymmetry
Книги
Exploring the conjunction between the structures of deposit and credit markets in the digital economy under information asymmetry
Deryugina, E. Exploring the conjunction between the structures of deposit and credit markets in the digital economy under information asymmetry / E. Deryugina, A. Ponomarenko, A. Sinyakov; The Central Bank of the Russian Federation, Research and Forecasting Department. — Moscow : Bank of Russia, september 2021. — 47 p.: il.. — (Working Paper Series; # 78). — References: p. 32-36.
Аннотация
In the digital economy, customer data becomes particularly valuable. Customer transactions monitored by banks, payment systems, and retail platforms are a useful source of information to assess potential borrowers’ credit risk. Thus, a dominant player at a payment or deposit market, behaving strategically, may influence the characteristics of the lending market. In this article, we show, within the game-theoretic framework, that such dominance can affect the market structure, loan pricing, financial inclusion, and credit risk accumulated on banks’ balance sheets. Our results show that specifics of the digital economy set a new link between structures of deposit and credit markets. Information asymmetries allow the dominant player to increase its profits at the expense of the profits gained by other players. At the same time, the accessibility of loans to more risky borrowers reduces while credit risks of banks’ loan portfolios decline.
Ключевые слова
- #анализ данных
- #анализ деятельности банков
- #английский язык
- #банки
- #банковские системы
- #банковский сектор
- #данные
- #департамент исследований и прогнозирования
- #домохозяйства
- #издания банка россии
- #исследовательская деятельность
- #клиентская база
- #клиенты банка
- #конкурентные стратегии
- #конкурентоспособность банков
- #конкуренция банковская
- #крупные банки
- #платежные системы
- #потребители финансовых услуг
- #ресурсы банковские
- #рынок депозитов
- #рынок кредитных ресурсов
- #системно значимые банки
- #статистика
- #физические лица
- #центральный аппарат
- #цифровизация
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УДК:336.7(470)
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