Financial literacy and borrower discouragement

•We assess the impact of financial literacy on borrower discouragement among Italian micro-enterprises.•Financially illiterate entrepreneurs are more likely to be discouraged from applying for credit.•Financial literacy alleviates self-rationing and contributes to reduce credit market imperfections....

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Bibliographic Details

Published in:	Economics letters Vol. 243; p. 111898
Main Authors:	Aristei, David, Gallo, Manuela, Minetti, Raoul
Format:	Journal Article
Language:	English
Published:	Elsevier B.V 01-10-2024
Subjects:	Borrower discouragement Financial literacy Micro-enterprises Self-rationing Financial literacy Self-rationing Borrower discouragement G53 G30 G41 G32 Micro-enterprises
Online Access:	Get full text
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