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Entrepreneurs' gender and financial constraints: Evidence from international data

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Author Info
Muravyev, Alexander
Talavera, Oleksandr
Schäfer, Dorothea

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Abstract

This paper examines whether financial institutions discriminate against entrepreneurs on the basis of gender. Using the cross-country Business Environment and Enterprise Performance Survey (BEEPS), we find some evidence that, compared to male-managed counterparts, female-managed firms are less likely to obtain a bank loan. In addition, our analysis suggests that female entrepreneurs are charged higher interest rates when loan applications are approved. There is also some evidence that the gender differences in access to financing vanish with the level of financial development, which is consistent with Becker-type discrimination. The results of our analysis are robust to a number of specification checks. Journal of Comparative Economics 37 (2) (2009) 270-286.

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Publisher Info
Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 37 (2009)
Issue (Month): 2 (June)
Pages: 270-286
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Handle: RePEc:eee:jcecon:v:37:y:2009:i:2:p:270-286

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Keywords: Entrepreneurship Financial constraints Gender Discrimination;

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Sabarwal, Shwetlena & Terrell, Katherine, 2008. "Does Gender Matter for Firm Performance? Evidence from Eastern Europe and Central Asia," IZA Discussion Papers 3758, Institute for the Study of Labor (IZA). [Downloadable!]
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