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Table 5 Borrowing experience, voluntary disclosures and funding success

From: Voluntary disclosures and peer-to-peer lending decisions: Evidence from the repeated game

 

(1)

(2)

(3)

(4)

(5)

(6)

Ltimes×Score

 

−0.014**

−0.014**

 

−0.013*

− 0.013**

 

(−0.007)

(−0.006)

 

(−0.007)

(− 0.006)

Ltimes

 

−0.217***

−0.032

 

−0.221***

− 0.024

 

(−0.024)

(−0.024)

 

(−0.024)

(− 0.024)

Score

0.014***

0.016***

0.022***

0.009***

0.017***

0.017***

(−0.003)

(−0.005)

(− 0.005)

(−0.003)

(− 0.005)

(−0.005)

Lnamount

−0.063***

 

−0.063***

−0.070***

 

−0.069***

(−0.007)

 

(−0.007)

(−0.007)

 

(−0.007)

Months

−0.012***

 

−0.013***

−0.012***

 

−0.012***

(−0.002)

 

(−0.002)

(−0.002)

 

(−0.002)

Interest

−0.030***

 

−0.028***

−0.028***

 

−0.026***

(−0.002)

 

(−0.002)

(−0.002)

 

(−0.002)

Bgrade

−0.008

 

−0.012

0.022*

 

0.014

(−0.01)

 

(−0.01)

(−0.011)

 

(−0.011)

Idnumber

0.204***

 

0.187***

0.195***

 

0.182***

(−0.01)

 

(−0.01)

(−0.01)

 

(−0.01)

Gender

−0.085***

 

−0.087***

−0.103***

 

−0.103***

(−0.014)

 

(−0.014)

(−0.015)

 

(− 0.015)

Age

0.049***

 

0.050***

0.047***

 

0.048***

(−0.007)

 

(−0.007)

(− 0.007)

 

(− 0.007)

Worker

−0.019

 

−0.024

− 0.004

 

− 0.009

(−0.021)

 

(−0.021)

(− 0.021)

 

(− 0.022)

Seller

0.149***

 

0.148***

0.165***

 

0.162***

(−0.034)

 

(− 0.035)

(−0.035)

 

(−0.035)

Boss

0.029

 

0.031

0.034

 

0.035

(−0.024)

 

(−0.025)

(− 0.025)

 

(− 0.025)

Student

0.026

 

0.028

0.015

 

0.018

 

(−0.037)

 

(− 0.038)

(−0.037)

 

(−0.038)

Year

No

No

No

Yes

Yes

Yes

N

3935

3935

3935

3935

3935

3935

Pseudo R2

0.289

0.08

0.296

0.298

0.082

0.304

  1. Notes. Robust standard errors are reported in parentheses. *, **, *** represents statistical significance at the 10%, 5% and 1% confidence levels, respectively