基地研究员李昭副教授合作论文“A Tale of Two Markets: Labor Market Mobility and Bank Information Sharing” 在国际知名期刊Journal of Economic Dynamics and Control在线发表。

Abstract: We develop a theory of bank information sharing, highlighting the interactions between credit and labor markets. A better-informed relationship bank competes with a less informed foreign bank for borrowers under asymmetric information about borrowers' creditworthiness. Credit market competition triggers competition for the relationship bank’s loan officers, who possess valuable information about the borrowers’ creditworthiness. The relationship bank can share credit information to soften the labor market competition, despite intensifying the credit market competition. When labor market mobility is moderate, information sharing emerges as the optimal strategy of the relationship bank.

Keywords: Credit market, Loan officer, Labor mobility, Information sharing

论文链接： A tale of two markets: Labor market mobility and bank information sharing - ScienceDirect

教师简介

李昭，中南财经政法大学金融学院副教授，数字技术与现代金融学科创新引智基地研究员。研究领域主要包括银行和金融监管、银行理论、公司理财。研究论文被学术期刊Management Science, Journal of Economic Dynamics and Control 接受。主持一项国家自然科学基金青年项目，参与多项国家自然科学基金项目。