DKM_2016.pdf (375.43 kB)
0/0

Access to consumer credit in the UK

Download (375.43 kB)
journal contribution
posted on 17.06.2016 by Solomon Y. Deku, Alper Kara, Philip Molyneux
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.

History

School

  • Business and Economics

Department

  • Business

Published in

The European Journal of Finance

Pages

1 - 24

Citation

DEKU, S., KARA, A. and MOLYNEUX, P., 2016. Access to consumer credit in the UK. The European Journal of Finance, 22(10), pp. 941-964.

Publisher

© Taylor and Francis

Version

AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Publication date

2016

Notes

This is an Accepted Manuscript of an article published by Taylor & Francis in The European Journal of Finance on 09 Mar 2015, available online: http://dx.doi.org/10.1080/1351847X.2015.1019641

ISSN

1351-847X

eISSN

1466-4364

Language

en

Exports

Logo branding

Exports