Risk-Sharing Mechanism Theoretical Research between Bank and Credit Guarantee Institution Cooperation under Asymmetric Information
It constructs bank and credit guarantee institution cooperation risk-sharing model with expected utility and mathematical optimization method based on risk-sharing theory. It shows that risk-sharing ratio between credit guarantee institution and associated bank is rising with the increase of safety assets return and default repayment rate and the decrease of loan rate of credit guarantee rate, while, amplification of credit guarantee could form inflection with the change of default repayment rate and it is the default recovery rate, guarantee rate, realizable value rate of counter-guarantee measure and loan rate of credit guarantee products positive that effect to amplification of credit guarantee.
Helen Zhang, Gang Shen and David Jin
X. L. Cui and Y. F. Wang, "Risk-Sharing Mechanism Theoretical Research between Bank and Credit Guarantee Institution Cooperation under Asymmetric Information", Advanced Materials Research, Vols. 204-210, pp. 1342-1345, 2011