Abstract
This paper investigates household access to consumer credit in the UK using information on 58,642 households between 2001 and 2009. Employing a treatment-effects model and propensity score matching, we find that non-white households are less likely to have financing compared to white households. We also find that even if they obtain financing, the intensity of borrowing is lower than for white households. Overall, non-white households seem to be in a weaker position to access consumer credit in the UK.
| Original language | English |
|---|---|
| Pages (from-to) | 941-964 |
| Number of pages | 24 |
| Journal | European Journal of Finance |
| Volume | 22 |
| Issue number | 10 |
| DOIs | |
| Publication status | Published - 2016 |
| Externally published | Yes |
Fingerprint Dive into the research topics of 'Access to Consumer Credit in the UK'. Together they form a unique fingerprint.
Profiles
Alper Kara
- Department of Accounting, Finance and Economics - Professor of Finance
- Huddersfield Business School
- Northern Productivity Hub - Member
Person: Academic
Cite this
Deku, S. Y., Kara, A., & Molyneux, P. (2016). Access to Consumer Credit in the UK. European Journal of Finance, 22(10), 941-964. https://doi.org/10.1080/1351847X.2015.1019641