Discrimination by Formal Lenders in South Africa

Type Working Paper
Title Discrimination by Formal Lenders in South Africa
Author(s)
Publication (Day/Month/Year) 1995
URL https://kb.osu.edu/dspace/bitstream/handle/1811/66650/CFAES_ESO_2267.pdf?sequence=1
Abstract
Censored (Tobit) regression is used to estimate the effects of race, location of
residence, and sex of the household head on formal debt held by South African households.
The magnitude of the effects suggests that lenders discriminate and that formal financial
markets could be improved even without technical innovation.

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