民间借贷的家庭供给研究

Research on Household Supply in Informal Credit

研究家庭提供民间信贷的发生率、金额、合约条件与借贷风险及其主要影响因素,有助于从供给侧视角深化对民间借贷的认识。既有研究缺乏对民间信贷中家庭供给的深入分析,论文基于CHFS2015数据,勾画出民间借贷市场中的家庭供给概况;经过经验分析,得出党员家庭更多向外借出资金、城市家庭部门对农村家庭的资金回流机制、家庭供给的借贷风险不容忽视等结论;最后提出在金融政策制定中应该重视家庭供给的作用、注意防范家庭供给风险等政策建议,以期提高民间金融服务效率、降低运行风险。

Study on incidence,amount,contract items and credit risk of household supply,and the key factors accordingly,is beneficial to understanding informal finance from perspective of supply side.Considering the lack of shroughly analysis on household supply in recent literatures,our research offers a contour of household lending provider and its behaviors of informal finance based on CHFS(2015).Our main findings include:(1) families with the Communist Party member have high incidence of lending out;(2) urban households lend out more to rural ones,constituting a capital return mechanism;(3) the credit risk in household lending should not be overlooked.For the purpose of improving the performance of informal finance and degrading the operation risk,three policy recommendations are proposed as followings:first,household lending should be pay more attention to in inclusive finance policies;second,measures should be taken to dissolve credit risk in household lending.