This paper empirically examines the effect of the use of credit scoring by large banking organizations on small business lending in low- and moderate-income (LMI) areas. Using census tract level data for the southeastern United States, the authors estimate that credit scoring increases small...

This paper empirically examines the effect of the use of credit scoring by large banking organizations on small business lending in low- and moderate-income (LMI) areas. Using census tract level data for the southeastern United States, the authors estimate that credit scoring increases small...

This paper estimates that credit scoring is associated with about a $3,900 increase in small business lending per sample banking organization, per low- and moderate-income (LMI) area served, and this effect is roughly equivalent to that estimated for higher-income areas. For our sample, this...

This paper estimates that credit scoring is associated with about a $3,900 increase in small business lending per sample banking organization, per low- and moderate-income (LMI) area served, and this effect is roughly equivalent to that estimated for higher-income areas. For our sample, this...

This paper reviews the extant empirical studies of financial innovation. Adopting broad criteria, the authors found just two dozen studies, over half of which (fourteen) had been conducted since 2000. Since some financial innovations are examined by more than one study, only fourteen distinct...