Female entrepreneurs in trouble: do their bad loans last longer?
Juri Marcucci; Paolo Emilio Mistrulli;
Subject: duration of bad loans, default status, survival analysis
jel: jel:G33 | jel:G21 | jel:C41
mesheuropmc: education | health care economics and organizations
We investigate the duration of bad loans for a unique data set of sole proprietorships in Italy, finding that bad loans for female firms last longer. However, this result is mainly due to the fact that loans granted to female firms are less frequently written off than t... View more
Alesina, Alberto, Lotti, Francesca and Mistrulli, Paolo Emilio, 2013. “Do Women Pay More for Credit? Evidence from Italy”, Journal of the European Economic Association, 11, 45-66.
Banca d'Italia, 2008, Annual Report.
Beck, Thorsten, Behr, Patrick, and Madestam, Andreas, 2012, “Sex and Credit: Is There a Gender Bias in Lending? ”, CentER Discussion Paper, 2012-062.
Beck, Thorsten, Behr, Patrick, and Guettler, Andrea, 2012, “Gender and Banking: Are Women Better Loan Offices? ”, Review of Finance, 1-43, doi:10.1093/rof/rfs028.
Bellucci, Andra, Borisov, Alexander, and Zazzaro, Alberto, 2010. “Does gender matter in bank-firm relationships?”, Journal of Banking and Finance, 34(12), 2968- 2984.
Berkovec, James A., Canner, Glenn B., Stuart, Gabriel A., and Hannan, Timothy H., 1998. “Discrimination, Competition and Loan Performance in FHA Mortgage Lending”, Review of Economics and Statistics, 80, 241-250.
Bonfim, Diana, Dias, Daniel A., Richmond, Christing, 2011. “What happens after default? Stylized facts on access to credit ”, Journal of Banking and Finance, 36, 2007-15.
Cesaroni, Francesca M., Lotti, Francesca and Mistrulli, Paolo E., 2013 “Female firms and bank's lending behavior: what happened after the crisis?”, Bank of Italy, mimeo.
Croson, R., and Gneezy, U., 2009. “Gender Differences in Preferences.”, Journal of Economic Literature, 47, 448-474.
Dermine, J., and de Carvalho, C. Neto, 2006. “Bank loan losses-given-default: A case study”, Journal of Banking and Finance, 30(4), 1219-1243.