Full Citation
Title: The long-run effects of the 1930s HOLC “redlining” maps on place-based measures of economic opportunity and socioeconomic success
Citation Type: Journal Article
Publication Year: 2021
ISBN:
ISSN:
DOI: 10.1016/j.regsciurbeco.2020.103622
NSFID:
PMCID:
PMID:
Abstract: We estimate the long-run effects of the 1930s Home Owners Loan Corporation (HOLC) redlining maps on census tract-level measures of socioeconomic status and economic opportunity from the Opportunity Atlas (Chetty et al., 2018). We use two identification strategies to identify the long-run effects of differential access to credit along HOLC boundaries. The first compares cross-boundary differences along actual HOLC boundaries to a comparison group of boundaries that had similar pre-existing differences as the actual boundaries. A second approach uses a statistical model to identify boundaries that were least likely to have been chosen by the HOLC. We find that the maps had large and statistically significant causal effects on a wide variety of outcomes measured at the census tract level for cohorts born in the late 1970s and early 1980s.
Url: https://doi.org/10.1016/j.regsciurbeco.2020.103622
User Submitted?: No
Authors: Aaronson, Daniel; Faber, Jacob; Hartley, Daniel; Mazumder, Bhashkar; Sharkey, Patrick
Periodical (Full): Regional Science and Urban Economics
Issue:
Volume: 86
Pages: 103622
Data Collections: IPUMS USA - Ancestry Full Count Data
Topics: Housing and Segregation, Race and Ethnicity
Countries: