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Entrepreneurs' Gender and Financial Constraints : Evidence from International Data

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Author Info
Alexander Muravyev
Dorothea Schäfer
Oleksandr Talavera

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Abstract

This paper studies gender discrimination against entrepreneurs by financial institutions. Based on the Business Environment and Enterprise Performance Survey (BEEPS) that covers firms in several countries of Western Europe as well as in the transition countries of Eastern Europe, our analysis suggests that female-managed firms are less likely to obtain a bank loan compared with male-managed counterparts. In addition, there is some evidence that female entrepreneurs are charged higher interest rates when loan applications are approved. Disaggregation of the sample by country groups suggests that these results are driven by firms in the least financially developed countries of the region.

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Paper provided by DIW Berlin, German Institute for Economic Research in its series Discussion Papers of DIW Berlin with number 706.

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Length: 35 p.
Date of creation: 2007
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Handle: RePEc:diw:diwwpp:dp706

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Related research
Keywords: entrepreneurship gender financial constraints

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Find related papers by JEL classification:
G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Mortgages
J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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