Formal and informal financing in a Chicago neighborhood

Philip Bond and Robert Townsend

Economic Perspectives, 1996, vol. 20, issue Jul, 3-27

Abstract: This article documents not only the actual use of banks, but also the widespread use of alternative financing mechanisms, using data from a survey of households and businesses in a Hispanic neighborhood of Chicago.

Keywords: Bank loans; Chicago (Ill.); Consumer behavior; Mortgages (search for similar items in EconPapers)
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedhep:y:1996:i:jul:p:3-27:n:v.20no.4

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