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Credit Reporting, Financial Intermediation and Identification Systems: International Evidence

Aufsätze referiert extern - Web of Science

Caterina Giannetti, Nicola Jentzsch

In: Journal of International Money and Finance 33 (2013), S. 60-80


Credit reporting systems are an important ingredient for financial markets. These systems are based upon the unique identification of borrowers, which is enabled if a compulsory national identification system exists in a country. We present evidence derived from difference-in-difference analyses on the impact of credit reporting and identification systems on financial intermediation in 172 countries between 2000 and 2008. Our results suggest that the introduction of a mandatory identification system has a positive effect on financial intermediation (bank credit to deposits, net interest margins) and financial access (private credit to GDP), especially in countries where there is also a credit reporting system.

JEL-Classification: G21;O12;O16
Keywords: Credit markets, Information asymmetries, Identification