中小企业信贷市场融资分析

An Analysis on Financing for Small & medium-sized Enterprises in the Credit Loan Market

在斯蒂格利茨和韦斯信贷市场经典模型基础上,引入界定中小企业特征指标的资产规模变量和风险变量,建立一个信息不对称下的中小企业信贷配给模型,分析利率作为甄别机制时,抵押品、企业规模等因素对中小企业信贷配给的影响,为中小企业信贷配给问题提供了一个理论解释,并对解决我国中小企业信贷市场融资难的问题进行了应用分析。

On the basis of Steer Cliff and Vegas Credit Market Classic Model, introducing asset size variant and risk variant tO define the characteristics indicators of small and medium - sized enterprises, a credit quota model is set up for small and medium -sized enterprises under asymmetric information when interest rate serving as a screening mechanism. An analysis is made to throw light on the impact of collateral, firm size, etc. on credit quota of small and medium - sized enterprises, presenting the problems for credit quota for small and medium - sized enterprises with a theoretical explanation, and providing an applicable approach to the financing dilemma of small and medium -sized enterprises in credit loan markets as well.