登入
選單
返回
Google圖書搜尋
Do Women Pay More for Credit?
Alberto Alesina
其他書名
Evidence from Italy
出版
National Bureau of Economic Research
, 2008
URL
http://books.google.com.hk/books?id=tZZXAAAAYAAJ&hl=&source=gbs_api
註釋
The answer is yes. By using a unique and large data set on overdraft contracts between banks and microfirms and self-employed individuals, we find robust evidence that women in Italy pay more for overdraft facilities than men. We could not find any evidence that women are riskier then men. The male/female differential remains even after controlling for a large number of characteristics of the type of business, the borrower and the market structure of the credit market. The result is not driven by women using a different type of bank than men, since the same bank charges different rates to male and female borrowers. Social capital does play a role: high levels of trust loosen credit conditions by lowering interest rates, but this benefit is not evenly distributed, as women benefit from increased social capital less than men.