The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime
Abstract
Today in the United States, the welfare costs of crime are disproportionately borne by individuals living in predominately African-American or Hispanic neighborhoods. This paper by author John Anders shows that redlining practices established in the wake of the Great De-pression make present-day contributions to this inequity. In particular, an unannounced population cutoff is used that determined which cities were redline-mapped to show that redline-mapping increased present-day city-level crime. Channels though which redline-mapping influenced crime include increasing racial segregation, decreasing educational attainment and harming housing markets.
Description
PublicFinance|Retirement_SavingsCollections
Citation
Anders, John (2019). The Long Run Effects of De Jure Discrimination in the Credit Market: How Redlining Increased Crime. Private Enterprise Research Center, Texas A&M University; Texas A&M University. Library. Available electronically from https : / /hdl .handle .net /1969 .1 /199436.