
Award Level
1st Place - Empirical Faculty/Staff
Classification
Empirical Faculty/Staff
Abstract
We investigate how gender and minority status affect the likelihood that small business owners are discouraged from seeking credit. Our analysis utilizes a nationwide survey of small businesses conducted by the Federal Reserve. The results indicate that female and minority owners are about 6.5% and 9.1% more likely to be discouraged from seeking credit at a bank than for their male and white/non-Hispanic counterparts. Our findings complement previous studies on discrimination in lending and illustrate a negative drag on the U.S. economy.
Department/Program
Economics, Finance, & Accounting
Submission Type
in-person poster
Date
4-28-2016
Rights
Copyright the Author(s)
Recommended Citation
Breit, Emily
(2016)
"Why Are Small Business Owners Discouraged From Borrowing?,"
SACAD: Scholarly Activities: Vol. 2016, Article 8.
DOI: 10.58809/VYSL2860
Available at:
https://scholars.fhsu.edu/sacad/vol2016/iss2016/8
Comments
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