Block, Walter and Snow, Nicholas and Stringham, Edward (2008): Banks, insurance companies, and discrimination. Published in: Business and Society Review , Vol. 35, No. 7 (September 2008): pp. 403-419.
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This article examines some of the reasons why banks and insurance companies have been accused of discrimination, and shows that this is by and large a false accusation. Economic analysis demonstrates that racial discrimination is not a profit-maximizing strategy. Actually, unwise public policies are actually precluding many consumers from the market.
|Item Type:||MPRA Paper|
|Original Title:||Banks, insurance companies, and discrimination|
|Keywords:||redlining; financial regulation; unintended consequences|
|Subjects:||G - Financial Economics > G2 - Financial Institutions and Services > G22 - Insurance ; Insurance Companies ; Actuarial Studies
G - Financial Economics > G2 - Financial Institutions and Services > G28 - Government Policy and Regulation
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages
|Depositing User:||Edward Peter Stringham|
|Date Deposited:||27. Oct 2010 14:37|
|Last Modified:||25. Apr 2015 19:08|
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