Skip to content

Is there an employee-based gender gap in informal financial markets? International evidence

Research output: Contribution to journalArticlepeer-review

We study the impact of female production workers on firms’ access to trade credits across the world. Using two sources of plausibly exogenous variations in gender bias and a difference-indifferences framework, we document that firms with more female production workers have less access to trade credits in countries with stronger gender beliefs that favor males. This relationship is largely driven by firms in industries with unexpected credit shortages and industries dominated by males. Since female firms rely more on informal finance, this study is relevant for policies that direct female firms towards formal credit markets in highly gender-biased places.
Original languageEnglish
Article number101737
Number of pages25
JournalJournal of Corporate Finance
Early online date16 Sep 2020
Publication statusPublished - Dec 2020


  • Is there an employee-based gender gap

    Accepted author manuscript (Post-print), 934 KB, PDF document

    Due to publisher’s copyright restrictions, this document is not freely available to download from this website until: 16/03/22

    Licence: CC BY-NC-ND

Related information

Relations Get citation (various referencing formats)

ID: 22518277