@techreport{cfe8b47a01be4ad88a8ad81d67b7ae9c,
title = "Sex and Credit: Is There A Gender Bias In Lending?",
abstract = "Abstract: We exploit the quasi-random assignment of borrowers to loan officers using data from a large Albanian lender to show that own-gender preferences affect both credit supply and demand. Borrowers matched to officers of the opposite gender are less likely to return for a second loan. The effect is larger when officers have little prior exposure to borrowers of the other gender and when they have more discretion to act on their gender beliefs, as proxied by financial market competition and branch size. We examine one channel of influence, loan conditionality. Borrowers assigned to opposite-sex officers pay higher interest rates and receive lower loan amounts, but do not experience higher arrears. Together our results imply that own-gender preferences in the credit market can have substantial welfare effects.",
keywords = "Group identity, gender, credit supply, credit demand, loan officers",
author = "T.H.L. Beck and P. Behr and A. Madestam",
note = "This is also EBC Discussion Paper 2012-017 Pagination: 50",
year = "2012",
language = "English",
volume = "2012-017",
series = "EBC Discussion Paper",
publisher = "EBC",
type = "WorkingPaper",
institution = "EBC",
}