风险防范中的非利率条件、业缘型社会关系和关联性交易——基于温州民间借贷的经验考察

在直接机制与间接机制分析框架下,考察温州民间借贷的风险防范机制,研究表明:温州民间借贷通过灵活的贷款利率、较小的贷款金额、较短的贷款期限和指向生产经营的贷款用途来控制和降低信贷风险,非利率条件与利率条件一样成为贷款者控制风险的重要手段。温州民间借贷还利用血缘地缘关系、业缘型社会关系及关联性交易来防范借贷风险,在社会转型阶段,后两者能够更加有效地甄别风险、激励还款和保证合约实施。

Non-interest Terms, Occupation-based Social Network and Interlinked Contacts against Credit Risks:An Empirical Study on Informal Credit in Wenzhou

Under the framework of direct mechanism and indirect mechanism,this paper examines risk management mechanisms of informal credit in Wenzhou.It has found that the lender employs a more flexible interest rate,smaller credit amount,shorter credit terms and production-oriented loan to reduce credit risks.Like the interest terms,the non-interest terms become lender's another important measures.Meanwhile,informal credit uses the direct mechanism including the relation of consanguinity and region,the occupation-based social network and interlinked contacts,which are more powerful in the social structure shift period.