Are Women More Likely to be Credit Constrained? Evidence from Low-Income Urban Households in the Philippines
基于菲律宾马尼拉两个城市贫民窟的调查数据，研究发现女性比男性更易受信贷约束，非正规放贷人更依赖声誉和信用记录而非财富，且违约对女性后果更严重。
Based on survey data for 2002 and 2006, this paper investigates the determinants of credit constraints among women and men in two urban slum communities of Manila in the Philippines. The results show that women are more likely to be credit constrained than men. Rather than wealth, informal lenders seem to rely more on reputation and credit history to screen prospective borrowers, and the consequences of repayment delays or defaults are more severe for women than for men. These findings provide empirical support for women-targeted credit interventions in urban poor contexts, particularly those that enable women to build and capitalize on good credit histories.