Fascinating BIS paper by Leonardo Gambacorta, Yiping Huang, Zhenhua Li, Han Qiu and Shu Chen: Using large quantities of information by massive know-how companies (huge techs) to evaluate companies’ creditworthiness may cut back the necessity for collateral in fixing uneven data issues in credit score markets. Utilizing a novel dataset of greater than 2 million Chinese language companies that obtained credit score from […]

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