Paper ID

2838

Description

Digital multisided platforms and peer-to-peer marketplaces are increasingly attracting attention from scholars, with a significant amount of work examining their societal implications. Yet, despite such focus, limited work has investigated the social implications of the democratization of capital by peer-to-peer (P2P) lending platforms, particularly in healthcare. In this study, we investigate the effects of P2P lending platforms on local abortion rates, a medical procedure characterized by both significant financial barriers and social stigma. Leveraging the entry of the P2P platform LendingClub into different states within the United States at different times, and a differences-in-differences approach, we find that the entry of LendingClub is associated with an increase in the rate at which women chose not to carry to term.

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Digital Multisided Platforms and Women's Health: An Empirical Analysis of Peer-to-Peer Lending

Digital multisided platforms and peer-to-peer marketplaces are increasingly attracting attention from scholars, with a significant amount of work examining their societal implications. Yet, despite such focus, limited work has investigated the social implications of the democratization of capital by peer-to-peer (P2P) lending platforms, particularly in healthcare. In this study, we investigate the effects of P2P lending platforms on local abortion rates, a medical procedure characterized by both significant financial barriers and social stigma. Leveraging the entry of the P2P platform LendingClub into different states within the United States at different times, and a differences-in-differences approach, we find that the entry of LendingClub is associated with an increase in the rate at which women chose not to carry to term.