The gender gap in trust in Banks

Axelle Heyert and Laurent Weill

Research in International Business and Finance, 2023, vol. 66, issue C

Abstract: This paper studies the relation between gender and trust in banks. We use individual data from the 7th wave of the World Values Survey covering 53 countries during the period 2017–2021. We find that women trust banks more than men on average worldwide. However, there are cross-country differences in the gender gap in trust in banks, suggesting the influence of country factors. Exploring explanations for these findings, we find that having lived a banking crisis has a more detrimental impact on trust in banks for men than for women. This in turn favors higher trust in banks for women among individuals with an experience of a banking crisis. We further show that, at the country level, greater gender equality in the society and in financial inclusion increase the gender gap in trust in banks.

Keywords: Trust; Gender; Banking (search for similar items in EconPapers)
JEL-codes: D83 G21 J16 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:riibaf:v:66:y:2023:i:c:s0275531923001587

DOI: 10.1016/j.ribaf.2023.102032

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