EconPapers    
Economics at your fingertips  
 

The Racial Political Economy of Bank Entry Restrictions

James Dean ()
Additional contact information
James Dean: Western Carolina University

Chapter Chapter 6 in Empirical Applications of the Median Voter Model, 2025, pp 105-114 from Springer

Abstract: Abstract While previous research has shown that branching restrictions reduced overall credit supply, more recent research suggests that some borrowers benefitted from these restrictions as credit was kept within a community. However, the impact of unit banking on racial outcomes is still theoretically ambiguous. On the one hand, unit banks tended to favor the wealthy. Thus, branching restrictions could lead to banks not expanding into primarily Black areas, leading to many being underbanked. On the other hand, branching restrictions led to the creation of many Black-owned banks devoted to serving primarily Black areas. Using data from the 1920s, I empirically test these competing arguments using an empirical median voter model.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:stpchp:978-3-031-87179-5_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031871795

DOI: 10.1007/978-3-031-87179-5_6

Access Statistics for this chapter

More chapters in Studies in Public Choice from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-07-27
Handle: RePEc:spr:stpchp:978-3-031-87179-5_6