AbstractRedlining is the practice of restricting or denying access to services in a spatially defined area. Typically, redlining refers to the practice of restricting access to financial service products, such as mortgages, to residents of minority areas. The term arose from urban activists in Chicago in the 1960s in response to the literal practice by banks of drawing red lines on local maps to demarcate minority areas to which lending should be curtailed. Until the Fair Housing Act of 1968, this practice was legal and commonly used as a way to minimise the real or perceived risk of lending in these areas. Because minority areas are correlated socio-economic risk factors, they also tend to be correlated with financial risk. Current research has attempted to identify whether lenders differentiate supply of credit due exclusively to financial risk or due to racial factors.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
This chapter was published in: Steven N. Durlauf & Lawrence E. Blume (ed.) , , pages , 2010, 4th quarter update.
This item is provided by Palgrave Macmillan in its series The New Palgrave Dictionary of Economics with number v:4:year:2010:doi:3840.
Contact details of provider:
Web page: http://www.palgrave-journals.com/
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sheeja Sanoj).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.