Gender and credit risk: a view from the loan officer's desk
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- dc.contributor.author Garcia Montalvo, José
- dc.contributor.author Reynal-Querol, Marta
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2020-05-25T09:27:10Z
- dc.date.available 2020-05-25T09:27:10Z
- dc.date.issued 2019-03-01
- dc.date.modified 2020-05-25T09:25:53Z
- dc.description.abstract In this paper we analyze the effect of loan offcers' gender on the approval of loans and, in particular, on their subsequent performance. Using detailed bank information on a sample of close to half a million loans, we show that female loan offiers have, conditional on the risk score, around a 15% lower delinquency rate than that of male ocers. In addition to the original scoring of the loans, we also have the recommendation of the expert system. We nd that the risk profile of applicants screened by male and female loan ocers is very similar, but conditional on risk score, women follow the recommendations more often than men. Moreover, we nd evidence of gender bias in terms of a mistake-punishment trade-off, which could explain, at least in part, women's higher compliance with the recommendations. Indeed, there is a double standard in terms of the consequences for breaking the rules: errors, in the form of delinquent loans as a result of not following the recommendation of the system, are forgiven more often for male than for female loan offcers.
- dc.format.mimetype application/pdf*
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=1644
- dc.identifier.citation
- dc.identifier.uri http://hdl.handle.net/10230/44796
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 1644
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword credit risk
- dc.subject.keyword gender
- dc.subject.keyword delinquency
- dc.subject.keyword rule compliance
- dc.subject.keyword Statistics, Econometrics and Quantitative Methods
- dc.title Gender and credit risk: a view from the loan officer's desk
- dc.title.alternative
- dc.type info:eu-repo/semantics/workingPaper