Am Dienstag, den 05.05.2014, findet im Rahmen des  Finance and Insurance Seminars ein Vortrag von
Herrn Dr. Martin Hibbeln (Technische Universität Braunschweig, Institut für Finanzwirtschaft) statt, zum Thema
„Informational Synergies in Consumer Credit“

Abstract :

“Lenders can tap into different sources of private information to assess borrower quality but little is known about synergies between different sources. We investigate whether activity measures from different credit products lead to informational synergies on the probability of default and credit line usage of consumers. We base our analysis on a large and unique dataset comprising all checking accounts and credit card accounts of a bank during 2007-2014. We find that the activity measures from both credit products contain information beyond traditional credit scores, borrower characteristics, and bank-borrower relationship characteristics. Interestingly, information from checking accounts is more useful than that from credit cards. Activity measures from checking accounts indicate credit quality deterioration earlier and more accurately than those from credit cards. We further identify variables that affect the probability of default but not the credit line usage (and vice versa) to document the reasons for consumer defaults and possible selection effects in the estimation of credit line usage at default. The evidence highlights how financial intermediaries can exploit cross-product informational synergies to manage credit risk and customer relationships.”

Das Seminar beginnt um 16:15 h, J 253, Universitätsstr. 14-16.

Über eine rege Teilnahme freuen wir uns sehr.

Prof. Dr. Nicole Branger
Prof. Dr. Nadja Günster
Prof. Dr. Thomas Langer
Prof. Dr. Andreas Pfingsten
Jun.-Prof. Dr. Judith Schneider
Jun.-Prof. Dr. Weiqi Zhang