The gender gap in over-indebtedness

Tobias Meyll and Thomas Pauls

Finance Research Letters, 2019, vol. 31, issue C

Abstract: We document a significant gender gap in over-indebtedness, as we find women to be less likely to become over-indebted even after controlling for risk attitude, financial literacy and socio-demographic characteristics. However, once we account for loan purposes the gender gap diminishes. Our findings highlight the importance to account for loan purposes when analyzing individuals’ debt behavior.

Keywords: Gender; Over-indebtedness; Loan purpose; Financial literacy; Gender gap; Consumer debt (search for similar items in EconPapers)
JEL-codes: D03 D12 E21 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (15)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:31:y:2019:i:c:s154461231830669x

DOI: 10.1016/j.frl.2018.12.007

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