金融科技，普惠金融和实体效应

嘉宾介绍

林晨，香港大学财务金融学讲席教授，宝光基金教授席（金融学）教授。担任 香港大学经济与工商管理学院副院长、香港大学金融创新和发展研究中心主任、 工商管理博士(DBA)项目主任。在世界顶级金融学，财务学，管理科学期刊如 Journal of Finance (金融学学报), Journal of Financial Economics (金融 经济学学报), Review of Financial Studies(金融研究评论), Journal of Financial and Quantitative Analysis (金融与量化分析)，Journal of Accounting Research (会计研究学报)，The Accounting Review（会计研究评 论）, Journal of Accounting and Economics（会计经济学报）， Management Science (管理科学) 以及其他一流期刊上发表论文超过50篇。

报告主题

Using millions of online merchants and a fuzzy discontinuity rule in  FinTech credit allocation, we identify a causal effect of credit access on the consumer capital development of small businesses. We find that access to credit incentivizes firms to provide better services as measured by detailed seller ratings contributed by customers. Additional results show that the positive effect is significantly larger for firms in more competitive industries. Access to FinTech credit also helps firms become more resilient to operational shocks. Furthermore, we discuss how FinTech credit differs from bank credit in processing information and making credit allocation decisions in business and housing cycles.  Sector development and policy implications will also be discussed.

【讲座地点】：新水300

【主办单位】：清华大学社科学院经济学所

【讲座时间】：2019年2月28日12：20

【主 持 人】：汤珂，清华大学社科学院经济所教授