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COVID-19 bust, policy response, and rebound: equity crowdfunding and P2P versus banks
Traditional intermediaries have the ability and the incentive to intertemporarily smooth outcomes. Fintechs, such as peer-to-peer (P2P) lending platforms and equity crowdfunding (ECF) platforms, enable riskier projects without regard to intertemporal smoothing. U.S. data from May 2016 to June 2020 s...
Autores principales: | Cumming, Douglas J., Martinez-Salgueiro, Andrea, Reardon, Robert S., Sewaid, Ahmed |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Springer US
2021
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8520110/ https://www.ncbi.nlm.nih.gov/pubmed/34690426 http://dx.doi.org/10.1007/s10961-021-09899-6 |
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