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Sharing Default Information as a Borrower Discipline Device Author info | Abstract | Publisher info | Download info | Related research | Statistics Padilla, A.J.
Pagano, M.
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Creditors often share information about their customers' credit record. Besides helping them to spot bad risks, this informational exchange acts as a disciplinary device. If creditors are known to exchange data about defaults, borrowers must consider that default on a current lender would disrupt their credit rating with all the other lenders. This raises their incentive to perform.
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Paper provided by Boston University - Industry Studies Programme in its series Papers with number
73.
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Length: 26 pages
Date of creation: 1996Date of revision:
Handle: RePEc:fth:bostin:73Contact details of provider: Postal: Boston University, Industry Studies Program; Department of Economics, 270 Bay Road, Boston, Massachusetts 02215. Email: Web page: http://www.bu.edu/econ/isp/ More information through EDIRC
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Keywords: INFORMATION ; FINANCIAL MARKET ; Other versions of this item:
Article Paper A. Jorge Padilla & Marco Pagano, 1999.
"Sharing Default Information as a Borrower Discipline Device ,"
CSEF Working Papers
21, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] A Jorge Padilla & Marco Pagano, 1994.
"Sharing Default Information as a Borrower Discipline Device ,"
CEPR Financial Markets Paper
0043, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 53--56 Great Sutton Street, London EC1V 0DG.
Padilla, A.J. & Pagano, M., 1999.
"Sharing Default Information as a Borrower Discipline Device ,"
Papers
9911, Centro de Estudios Monetarios Y Financieros-.
A. Jorge Padilla & Marco Pagano, 1996.
"Sharing Default Information as a Borrower Discipline Device ,"
Papers
0073, Boston University - Industry Studies Programme.
Find related papers by JEL classification: D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information G20 - Financial Economics - - Financial Institutions and Services - - - General G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Tullio Jappelli & Marco Pagano, 2000.
"Information Sharing in Credit Markets: A Survey ,"
CSEF Working Papers
36, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!]
Stéphane Straub & Horacio Sosa, 1999.
"Institutional Arrangements to Ensure Willingness to Repay in Financial Markets: A Case Study of Paraguay ,"
RES Working Papers
3062, Inter-American Development Bank, Research Department.
[Downloadable!]
Tullio Jappelli & Marco Pagano, 2000.
"Information Sharing in Credit Markets: The European Experience ,"
CSEF Working Papers
35, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!]
Thomas Gehrig & Rune Stenbacka, 2000.
"Information Sharing in Banking: A Collusive Device? ,"
Econometric Society World Congress 2000 Contributed Papers
1837, Econometric Society.
[Downloadable!]
Other versions: Ronel Elul & Piero Gottardi, 2008.
"Bankruptcy: Is it enough to Forgive or must we also Forget? ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Other versions:
Ronel Elul & Piero Gottardi, 2008.
"Bankruptcy: Is It Enough to Forgive or Must We Also Forget? ,"
Economics Working Papers
ECO2008/41, European University Institute.
[Downloadable!] Ronel Elul & Piero Gottardi, 2007.
"Bankruptcy: Is it enough to forgive or must we also forget? ,"
Working Papers
07-10, Federal Reserve Bank of Philadelphia.
[Downloadable!] Piero Gottardi & Ronel Elul, 2007.
"Bankruptcy: Is It Enough to Forgive or Must we Also Forget? ,"
Working Papers
2007_23, University of Venice "Ca' Foscari", Department of Economics.
[Downloadable!] Semenova, Maria, 2006.
"Information sharing in credit markets: incentives for incorrect information reporting ,"
MPRA Paper
359, University Library of Munich, Germany.
[Downloadable!]
Eric Van Tassel, 2009.
"Sharing credit information under endogenous costs ,"
Working Papers
09004, Department of Economics, College of Business, Florida Atlantic University.
[Downloadable!]
Bennardo, Alberto & Pagano, Marco & Piccolo, Salvatore, 2009.
"Multiple-Bank Lending, Creditor Rights and Information Sharing ,"
CEPR Discussion Papers
7186, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Tullio Jappelli & Marco Pagano, 1999.
"Information Sharing in Credit Markets: International Evidence ,"
RES Working Papers
3069, Inter-American Development Bank, Research Department.
[Downloadable!]
José L. Negrin, 2004.
"The Importance of Borrowers’ History on Credit Behavior: The Mexican Experience ,"
Econometric Society 2004 Latin American Meetings
226, Econometric Society.
[Downloadable!]
Jappelli, Tullio & Pagano, Marco, 1999.
"Information Sharing, Lending and Defaults: Cross-Country Evidence ,"
CEPR Discussion Papers
2184, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Tullio Jappelli & Marco Pagano, 1999.
"Information Sharing, Lending and Defaults: Cross-Country Evidence ,"
CSEF Working Papers
22, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] Jappelli, Tullio & Pagano, Marco, 2002.
"Information sharing, lending and defaults: Cross-country evidence ,"
Journal of Banking & Finance ,
Elsevier, vol. 26(10), pages 2017-2045, October.
[Downloadable!] (restricted) Bouckaert, Jan & Degryse Hans, 2002.
"Softening Competition by Enhancing Entry: An Example from the Banking Industry ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!]
Other versions:
Bouckaert, J. & Degryse, H., 2002.
"Softening competition by enhancing entry: : an example from the banking industry ,"
Discussion Paper
86, Tilburg University, Center for Economic Research.
[Downloadable!] Jan Bouckaert & Hans Degryse, 2002.
"Softening Competition by Enhancing Entry: An Example from the Banking Industry ,"
CSEF Working Papers
85, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] Brown, Martin & Jappelli, Tullio & Pagano, Marco, 2007.
"Information Sharing and Credit: Firm-Level Evidence from Transition Countries ,"
CEPR Discussion Papers
6313, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions:
Brown, Martin & Jappelli, Tullio & Pagano, Marco, 2007.
"Information Sharing and Credit: Firm-Level Evidence from Transition Countries ,"
Working Papers
2007-15, Swiss National Bank.
[Downloadable!] Martin Brown & Tullio Jappelli & Marco Pagano, 2008.
"Information Sharing and Credit: Firm-Level Evidence from Transition Countries ,"
Discussion Papers
3_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
[Downloadable!] Martin Brown & Tullio Jappelli & Marco Pagano, 2007.
"Information Sharing and Credit: Firm-Level Evidence from Transition Countries ,"
CSEF Working Papers
178, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
[Downloadable!] Brown, Martin & Jappelli, Tullio & Pagano, Marco, 2009.
"Information sharing and credit: Firm-level evidence from transition countries ,"
Journal of Financial Intermediation ,
Elsevier, vol. 18(2), pages 151-172, April.
[Downloadable!] (restricted) Claude Fluet & Paolo G. Garella, 2007.
"Relying on the Information of Others: Debt Rescheduling with Multiple Lenders ,"
Development Working Papers
232, Centro Studi Luca d\'Agliano, University of Milano.
[Downloadable!]
Other versions: Mermelstein, David A., 2006.
"Defaults en carteras hipotecarias, macroeconomía y arreglos institucionales: Más allá de los modelos de Credit-Scoring tradicionales [Mortgage defaults, macroeconomics, and institutional arrange ,"
MPRA Paper
7535, University Library of Munich, Germany.
[Downloadable!]
Ángel Hernando-Veciana, 1998.
"Efectos del análisis crediticio sobre los incentivos empresariales ,"
Investigaciones Economicas ,
Fundación SEPI, vol. 22(3), pages 361-392, September.
[Downloadable!]
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