Intrametropolitan Patterns of Small-Business Lending

What Do the New Community Reinvestment Act Data Reveal

Datos Bibliográficos

ID6404563
AutoresDaniel Immergluck (Woodstock Institute, autor de correspondencia)
Año1999
Volumen34
Número6
Páginas787-804
Fecha de publicación1999-07-01
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaUrban Affairs Review (JOURNAL)
Identificadores de la revistaISSN: 1078-0874 • E-ISSN: 1552-8332
EditorialSAGE Publications Inc (PUBLISHER)
DOI10.1177/10780879922184202
OpenAlexW2041040202
IdiomaEN
Citas recibidas4
Referencias citadas12

Discrimination and redlining in business lending have been cited as contributing to economic decline in lower-income neighborhoods. Until recently, bank regulators have not collected geographic data on business loans. Using new data collected by regulators, the author measures small-business lending flows to different types of neighborhoods in the Chicago metropolitan area. Although data limitations preclude a definitive finding of differential access to credit, lower-income and minority neighborhoods areas receive fewer loans after accounting for firm density, firm size, and industrial mix, findings that support the notion of geographic and/or race-based discrimination in marketing or approving loans

Business · Demographic economics · Differential (mechanical device · Economics · Geography · Metropolitan area · Race (biology · Small business · Banking stability, regulation, efficiency · Housing Market and Economics · Housing, Finance, and Neoliberalism · Finance