Availability of credit to small and minority-owned businesses: Evidence from the 1993 National Survey of Small Business Finances
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Berger, Allen N & Udell, Gregory F, 1995. "Relationship Lending and Lines of Credit in Small Firm Finance," The Journal of Business, University of Chicago Press, vol. 68(3), pages 351-381, July.
- Duca John V. & Rosenthal Stuart S., 1993.
"Borrowing Constraints, Household Debt, and Racial Discrimination in Loan Markets,"
Journal of Financial Intermediation, Elsevier, vol. 3(1), pages 77-103, October.
- John V. Duca & Stuart S. Rosenthal, 1993. "Borrowing constraints, household debt, and racial discrimination in loan markets," Working Papers 9312, Federal Reserve Bank of Dallas.
- Robert F. Phillips & Robert P. Trost & Anthony M.J. Yezer, 1994.
"Bias in estimates of discrimination and default in mortgage lending: the effects of simultaneity and self-selection,"
Proceedings, Federal Reserve Bank of Philadelphia, pages 197-222.
- Yezer, Anthony M J & Phillips, Robert F & Trost, Robert P, 1994. "Bias in Estimates of Discrimination and Default in Mortgage Lending: The Effects of Simultaneity and Self-Selection," The Journal of Real Estate Finance and Economics, Springer, vol. 9(3), pages 197-215, November.
- Gregory E. Elliehausen & John D. Wolken, 1990.
"Banking markets and the use of financial services by small and medium- sized businesses,"
Federal Reserve Bulletin, Board of Governors of the Federal Reserve System (U.S.), issue Oct, pages 801-817.
- Gregory E. Elliehausen & John D. Wolken, 1990. "Banking markets and the use of financial services by small and medium- sized businesses," Staff Studies 160, Board of Governors of the Federal Reserve System (U.S.).
- Douglas W. Diamond, 1984. "Financial Intermediation and Delegated Monitoring," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 51(3), pages 393-414.
- Munnell, Alicia H. & Geoffrey M. B. Tootell & Lynn E. Browne & James McEneaney, 1996.
"Mortgage Lending in Boston: Interpreting HMDA Data,"
American Economic Review, American Economic Association, vol. 86(1), pages 25-53, March.
- Lynn E. Browne & James McEneaney & Alicia H. Munnell & Geoffrey M. B. Tootell, 1992. "Mortgage lending in Boston: interpreting HMDA data," Working Papers 92-7, Federal Reserve Bank of Boston.
- Shaffer, Sherrill, 1996. "Evidence of Discrimination in Lending: An Extension," Journal of Finance, American Finance Association, vol. 51(4), pages 1551-1554, September.
- Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
- Hunter, William C & Walker, Mary Beth, 1996.
"The Cultural Affinity Hypothesis and Mortgage Lending Decisions,"
The Journal of Real Estate Finance and Economics, Springer, vol. 13(1), pages 57-70, July.
- William C. Hunter & Mary Beth Walker, 1995. "The cultural affinity hypothesis and mortgage lending decisions," Working Paper Series, Issues in Financial Regulation 95-8, Federal Reserve Bank of Chicago.
- Cole, Rebel A., 1998. "The importance of relationships to the availability of credit," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 959-977, August.
- Ferguson, Michael F & Peters, Stephen R, 1995. "What Constitutes Evidence of Discrimination in Lending?," Journal of Finance, American Finance Association, vol. 50(2), pages 739-748, June.
- Black, Harold & Schweitzer, Robert L & Mandell, Lewis, 1978. "Discrimination in Mortgage Lending," American Economic Review, American Economic Association, vol. 68(2), pages 186-191, May.
- Petersen, Mitchell A & Rajan, Raghuram G, 1994. "The Benefits of Lending Relationships: Evidence from Small Business Data," Journal of Finance, American Finance Association, vol. 49(1), pages 3-37, March.
- Peter Kennedy, 2003. "A Guide to Econometrics, 5th Edition," MIT Press Books, The MIT Press, edition 5, volume 1, number 026261183x, December.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Robert Fairlie & Alicia Robb & David T. Robinson, 2022.
"Black and White: Access to Capital Among Minority-Owned Start-ups,"
Management Science, INFORMS, vol. 68(4), pages 2377-2400, April.
- Robert W. Fairlie & Alicia Robb & David T. Robinson, 2020. "Black and White: Access to Capital among Minority-Owned Startups," NBER Working Papers 28154, National Bureau of Economic Research, Inc.
- Cole, Rebel & Sokolyk, Tatyana, 2016.
"Who needs credit and who gets credit? Evidence from the surveys of small business finances,"
Journal of Financial Stability, Elsevier, vol. 24(C), pages 40-60.
- Cole, Rebel A., 2008. "Who needs credit and who gets credit? Evidence from the Surveys of Small Business Finances," MPRA Paper 24691, University Library of Munich, Germany, revised 15 Mar 2010.
- Ken Cavalluzzo & Linda Cavalluzzo & John D. Wolken, 1999. "Competition, small business financing, and discrimination: evidence from a new survey," Finance and Economics Discussion Series 1999-25, Board of Governors of the Federal Reserve System (U.S.).
- Zhou Xing & Yang Fan & Wu Zhenyu, 2012. "Family Involvement, Ethnicity, and Willingness to Borrow: Evidence from U.S. Small Firms," Entrepreneurship Research Journal, De Gruyter, vol. 2(2), pages 1-26, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ken Cavalluzzo & Linda Cavalluzzo & John D. Wolken, 1999. "Competition, small business financing, and discrimination: evidence from a new survey," Finance and Economics Discussion Series 1999-25, Board of Governors of the Federal Reserve System (U.S.).
- Song Han, 2001.
"On the Economics of Discrimination in Credit Markets,"
Finance and Economics Discussion Series
2002-02, Board of Governors of the Federal Reserve System (U.S.).
- Song Han, 2002. "On the economics of discrimination in credit markets," Finance and Economics Discussion Series 2002-2, Board of Governors of the Federal Reserve System (U.S.).
- Cole, Rebel A., 1998. "The importance of relationships to the availability of credit," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 959-977, August.
- Cole, Rebel & Sokolyk, Tatyana, 2016.
"Who needs credit and who gets credit? Evidence from the surveys of small business finances,"
Journal of Financial Stability, Elsevier, vol. 24(C), pages 40-60.
- Cole, Rebel A., 2008. "Who needs credit and who gets credit? Evidence from the Surveys of Small Business Finances," MPRA Paper 24691, University Library of Munich, Germany, revised 15 Mar 2010.
- Song Han, 2004. "Discrimination in Lending: Theory and Evidence," The Journal of Real Estate Finance and Economics, Springer, vol. 29(1), pages 5-46, July.
- Sofie Balcaen & Sophie Manigart & Hubert Ooghe, 2011.
"From distress to exit: determinants of the time to exit,"
Journal of Evolutionary Economics, Springer, vol. 21(3), pages 407-446, August.
- Balcaen, S. & Manigart, S. & Ooghe, H., 2009. "From Distress to exit: determinants of the time to exit," Vlerick Leuven Gent Management School Working Paper Series 2009-12, Vlerick Leuven Gent Management School.
- S. Balcaen & S. Manigart & H. Ooghe, 2009. "From distress to exit: determinants of the time to exit," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 09/588, Ghent University, Faculty of Economics and Business Administration.
- Simon Cornée, 2014.
"Soft Information and Default Prediction in Cooperative and Social Banks,"
Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(1), pages 89-103, June.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Post-Print halshs-01114142, HAL.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Working Papers CEB 14-005, ULB -- Universite Libre de Bruxelles.
- Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Economics Working Paper Archive (University of Rennes & University of Caen) 201402, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
- Foroughfard, Rasoul & Rahmati, Mohammad, 2019. "The Effect of Relationship Lending on Loan Contract Terms," Journal of Money and Economy, Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 14(2), pages 133-157, April.
- Annalisa Castelli & Gerald P. Dwyer & Iftekhar Hasan, 2006. "Bank relationships and small firms’ financial performance," FRB Atlanta Working Paper 2006-05, Federal Reserve Bank of Atlanta.
- Ferri, Giovanni & Murro, Pierluigi, 2015.
"Do firm–bank ‘odd couples’ exacerbate credit rationing?,"
Journal of Financial Intermediation, Elsevier, vol. 24(2), pages 231-251.
- Giovanni Ferri & Pierluigi Murro & Zeno Rotondi, 2010. "Do Firm-Bank `Odd Couples' Exacerbate Credit Rationing?," SERIES 0031, Dipartimento di Economia e Finanza - Università degli Studi di Bari "Aldo Moro", revised Jul 2010.
- Giovanni Ferri & Pierluigi Murro, 2012. "Do Firm-Bank ``Odd Couples'' Exacerbate Credit Rationing?," Working Papers CASMEF 1207, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- DeYoung, Robert & Frame, W. Scott & Glennon, Dennis & McMillen, Daniel P. & Nigro, Peter, 2008.
"Commercial lending distance and historically underserved areas,"
Journal of Economics and Business, Elsevier, vol. 60(1-2), pages 149-164.
- Robert DeYoung & W. Scott Frame & Dennis C. Glennon & Daniel P. McMillen & Peter Nigro, 2007. "Commercial lending distance and historically underserved areas," FRB Atlanta Working Paper 2007-11, Federal Reserve Bank of Atlanta.
- Chan, Chia-Chung & Lin, Bing-Huei & Chang, Yung-Ho & Liao, Wei-Chen, 2013. "Does bank relationship matter for corporate risk-taking? Evidence from listed firms in Taiwan," The North American Journal of Economics and Finance, Elsevier, vol. 26(C), pages 323-338.
- Santikian, Lori, 2014. "The ties that bind: Bank relationships and small business lending," Journal of Financial Intermediation, Elsevier, vol. 23(2), pages 177-213.
- Allen N. Berger & Gregory F. Udell, 2002.
"Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure,"
Economic Journal, Royal Economic Society, vol. 112(477), pages 32-53, February.
- Allen N. Berger & Gregory F. Udell, 2001. "Small business credit availability and relationship lending: the importance of bank organizational structure," Finance and Economics Discussion Series 2001-36, Board of Governors of the Federal Reserve System (U.S.).
- Angelini, P. & Di Salvo, R. & Ferri, G., 1998. "Availability and cost of credit for small businesses: Customer relationships and credit cooperatives," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 925-954, August.
- Manoj Athavale & Robert O. Edmister, 2004. "The Pricing of Sequential Bank Loans," The Financial Review, Eastern Finance Association, vol. 39(2), pages 231-253, May.
- Cole, Rebel A. & Sokolyk, Tatyana, 2018. "Debt financing, survival, and growth of start-up firms," Journal of Corporate Finance, Elsevier, vol. 50(C), pages 609-625.
- Cresenta Fernando & Atreya Chakraborty & Rajiv Mallick, 2002. "The Importance of Being Known: Relationship Banking and Credit Limits," Finance 0209007, University Library of Munich, Germany.
- Duca, John V., 1998. "Comment on Cole," Journal of Banking & Finance, Elsevier, vol. 22(6-8), pages 978-981, August.
- Cole, Rebel & Walraven, Nick, 1998. "Banking consolidation and the availability of credit to small businesses," MPRA Paper 4716, University Library of Munich, Germany.
More about this item
Keywords
bank; credit; discrimination; race; small business; SSBF;All these keywords.
JEL classification:
- G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- J15 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:4715. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.