Iyer, Rajkamal; Khwaja, Asim Ijaz; Luttmer, Erzo F. P.; … - Kennedy School of Government, Harvard University - 2013
The recent banking crisis highlights the challenges faced in credit intermediation. New online peer-to-peer lending markets offer opportunities to examine lending models that primarily cater to small borrowers and that generate more types of information on which to screen. This paper evaluates...