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 |
| Early online date | 9 Mar 2015 |
| DOIs | |
| Publication status | Published - 8 Aug 2016 |
| Externally published | Yes |
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Profiles
-
Alper Kara
- Department of Accounting, Finance and Economics - Professor of Finance
- Huddersfield Business School - Subject Group Leader in the Department of Accounting, Finance and Economics (Research and Enterprise)
- Northern Productivity Hub - Theme Leader
Person: Academic