Larsen, Magnus Hvid (A.A. 2023/2024) 2P investments in Europe: harvesting profits or picking lemons? Tesi di Laurea in Digital finance, Luiss Guido Carli, relatore Paolo Bonolis, pp. 82. [Master's Degree Thesis]

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Abstract/Index

Theoretical framework. Background knowledge. Exploration of existing literature on P2P lending. Risk/reward considerations for investors and this paper’s contribution to existing research. The European P2P market. The competitive environment. Bondora, Estateguru and Mintos. Competitors. Methodology. Sharpe ratio. Statistical test of the effect across time and platform. Analyzing the factors influencing loan defaults. Evaluation of the model’s strength. Expected return. Volatility. Theory behind bond pricing. Data gathering and treatment. Sources of data. Selection and exclusion of data. Explanatory variables. Creation of dummy variables. Selection of comparative investments. Comparative risk grading. Critique of the process and final data set. Main findings and analysis. Differences across years and platforms. Evaluation of the logit regression models and balancing dataset. Regression results for independent variables. Expected return and Sharpe ratio. Expected risk and return from corporate bonds. Discussion. Future of P2P lending. Future research.

References

Bibliografia: pp. 68-77.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair:	Digital finance
Thesis Supervisor:	Bonolis, Paolo
Thesis Co-Supervisor:	Casertano, Gaetano
Academic Year:	2023/2024
Session:	Summer
Deposited by:	Alessandro Perfetti
Date Deposited:	28 Jan 2025 16:44
Last Modified:	28 Jan 2025 16:44
URI:	https://tesi.luiss.it/id/eprint/41070

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