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Gender differences in bank loan access

Author

Listed:
  • Giorgio Calcagnini

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo")

  • Germana Giombini

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo")

  • Elisa Lenti

    (Department of Economics, Society & Politics, Università di Urbino "Carlo Bo")

Abstract

Traditionally female entrepreneurs report difficulties or higher costs in accessing bank credit. These difficulties can be either the result of supply side discrimination, or the lower profitability of female-owned firms than male-owned ones. This paper aims at analyzing gender differences in bank loan access by means of a large dataset on firms? lines of credit provided by four Italian banks over the period 2005-2008. Estimates show that, after controlling for loan, firm and bank characteristics, female-owned firms: (a) experience a higher probability of having to pledge guarantees than male-owned firms; (b) have a lower probability of access to credit.

Suggested Citation

  • Giorgio Calcagnini & Germana Giombini & Elisa Lenti, 2012. "Gender differences in bank loan access," Working Papers 1212, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2012.
    • Handle: RePEc:urb:wpaper:12_12
    as

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    File URL: http://www.econ.uniurb.it/RePEc/urb/wpaper/WP_12_12.pdf
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    References listed on IDEAS

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    Cited by:

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    2. repec:zbw:bofitp:2020_011 is not listed on IDEAS
    3. Perugini, Cristiano, 2020. "Patterns and drivers of household income dynamics in Russia : The role of access to credit," BOFIT Discussion Papers 11/2020, Bank of Finland, Institute for Economies in Transition.

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    More about this item

    Keywords

    Gender discrimination; Bank loan; Guarantees.;
    All these keywords.

    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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