Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Acs, Zoltan and Catherine Armington. “Employment Growth and Entrepreneurial Activity in Cities.” Working Paper for the Discussion Papers on Entrepreneurship, Growth and Public Policy, March 2004.
Barth, James R., Joseph Cordes, and Anthony Yezer. “Benefits and Costs of Legal Restrictions on Personal Loan Markets.” Journal of Law and Economics 29, No. 2 (1986): 357–380.
Barth, James R., Padma Gotour. Neela Manage and Anthony Yezer. “The Effect of Government Regulations on Personal Loan Markets: A Tobit Estimation of a Microeconomic Model.” The Journal of Finance 38, No. 4 (1983): 1,233–1,251.
Bates, Timothy. “Commercial Bank Financing of White- and Black-Owned Small Business Startups.” Quarterly Review of Economics and Business 31, No. 1 (1991): 64–80.
Berger, Allen and Gregory Udell. “Lines of Credit and Relationship: Lending in Small Firm Finance.” Working Paper No. 113 of the Jerome Levy Economics Institute, 1994.
Berkowitz, J and White, M J (2002), ‘Bankruptcy and Small Firms’ Access to Credit’, NBER Working Paper Number 9010.
Black, Sandra and Philip Strahan. “Entrepreneurship and Bank Credit Availability.” The Journal of Finance 58, No. 6 (2002): 2,807–2,833.
Blanchflower, David, Phillip Levine, and David Zimmerman. “Discrimination in the Small-Business Credit Market.” Review of Economics and Statistics 85, No. 4 (2003): 930–943.
Blanchflower, David and Andrew Oswald. “What Makes an Entrepreneur?” Journal of Labor Economics 16, No. 1 (1998): 26–60.
Bostic, Raphael and Parick Lampani. “Racial Differences in Patterns of Small Business Finance: The Importance of Local Geography.” Presented at the Federal System Research Conference on Business Access to Capital and Credit, Arlington, VA, 8 March 1999.
Brevoort, Kenneth and Timothy Hannan. “Commercial Lending and Distance: Evidence from Community Reinvestment Act Data.” Working Paper No. 2004–24 of the Federal Reserve Finance and Economics Discussion Series, 2004.
Cavaluzzo, Ken and John Wolken. “Small Business Loan Turndowns, Personal Wealth, and Discrimination.” Working Paper No. 2002–35 of the Federal Reserve Finance and Economics Discussion Series, 2002.
Davis, Steven, John Haltiwanger, Ron Jarmin, and others. “Measuring the Dynamics of Young and Small Businesses: Integrating the Employer and Nonemployer Universes.” Working Paper by the Kauffman Foundation and the U.S. Census Bureau, 2005.
DeYoung, Robert, Dennis Glennon, and Peter Nigro. “Borrower-Lender Distance, Credit Scoring, and the Performance of Small Business Loans.” Presented at the FDIC fifth annual Banking Research Conference: Financial Sector Integrity and Emerging Risks in Banking, Arlington, Virginia, 22 September 2005.
Dunn, Thomas and Douglas Holtz-Eakin. “Financial Capital, Human Capital, and the Transition to Self-Employment: Evidence from Intergenerational Links.” Journal of Labor Economics 18, No. 2 (2000): 282–305.
Evans, David and Linda Leighton. “Some Empirical Aspects of Entrepreneurship.” The American Economic Review 79, No. 3 (1989): 519–535.
Fairlie, Robert. “The Absence of the African-American Owned Business: An Analysis of the Dynamics of Self-Employment.” Journal of Labor Economics 17, No. 1 (1999): 80–108.
Fairlie, Robert. “Kauffman Index of Entrepreneurial Activity.” The Ewing Marion Kauffman Foundation, 2005.
Fairlie, Robert and Alicia Robb. “Families, Human Capital, and Small Business: Evidence from the Characteristics of Business Owners Survey.” Working Paper No. 1296 for the Institute for the Study of Labor IZA and No. 871 for the Economic Growth Center, Yale University, 2004.
Gentry, William and Robert Glenn Hubbard. “Entrepreneurship and Household Saving.” Journal of Advances in Economic Analysis & Policy 4, No. 1 (2004): Article 8.
Gompers, Paul, Joshua Lerner, and David Scharfstein. “Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986–1999.” Working Paper No. 4317–03 of the Sloane School of Management at the Massachusetts Institute of Technology and No. 03–37 of Negotiation, Organization, and Markets at Harvard University, 2003.
Guiso, Luigi and Fabiano Schivardi. “Learning to be an Entrepreneur.” Working Paper, 2004.
Guiso, Luigi, Paola Sapienza and Luigi Zingales. “Does Local Financial Development Matter?” The Quarterly Journal of Economics 119, No. 3 (2004): 929–969.
Hamilton, Barton. “Does Entrepreneurship Pay? An Empirical Analysis of Returns of Self-Employment.” The Journal of Political Economy 108, No. 3 (2000): 604–631.
Hoening, Thomas. “Entrepreneurship and Growth.” Entrepreneur’s Experiences: A Town Hall Meeting, Entrepreneur’s Exchange, Kansas City, Missouri. 28 April 2005.
Holtz-Eakin, Douglas, David Joulfaian, and Harvey Rosen. “Entrepreneurial Decisions and Liquidity Constraints.” The RAND Journal of Economics 25, No. 2 (1994a): 334–347.
Holtz-Eakin, Douglas, David Joulfaian, and Harvey Rosen. “Sticking It Out: Entrepreneurial Survival and Liquidity Constraints.” The Journal of Political Economy 102, No. 1 (1994b): 53–75.
Hurst, Erik and Annamaria Lusardi. “Liquidity Constraints, Household Wealth, and Entrepreneurship,” The Journal of Political Economy 112, No. 2 (2004): 319–347.
Immergluck, Dan and Geoff Smith. “Bigger, Faster … But Better? How Changes in the Financial Services Industry Affect Small Business Lending in Urban Areas.” Prepared for the Brookings Institution Center on Urban and Metropolitan Policy by the Woodstock Institute, 2001.
Kihlstrom, Richard and Jean-Jacques Laffont. “A General Equilibrium Theory of Firm Formation Based on Risk-Aversion.” The Journal of Political Economy 87, No. 4 (1979): 719–48.
Knight, Frank. Risk, Houghton MifflinUncertainty, and Profit. New York: Houghton Mifflin, 1921.
Low, Sarah, Jason Henderson, and Stephan Weiler. “Gauging a Region’s Entrepreneurial Potential.” Federal Reserve Bank of Kansas City Economic Review. Third Quarter 2005: 61–89.
Lucas, Robert. “On the Size Distribution of Business Firms.” Bell Journal of Economics 9, No. 2 (1978): 508–523.
Meyer, Bruce. “Why are there so Few Black Entrepreneurs?” Working Paper No. 3537 for the National Bureau of Economic Research, 1990.
Minority Business Development Agency “The State of Minority Business Enterprises: An Overview of the 2002 Survey of Business Owners.” 2006.[not my highlight—ea]
Mitchell, Karlyn and Douglas Pearce. “Discrimination, Competition, and Relationship vs. Transaction Lending to Small Businesses: Evidence from the 1998 Survey of Small Business Finances.” Preliminary Draft, November 2004.
Moore, Kevin. “Do Liquidity Constraints Matter for New Entrepreneurs?” Working Paper No. 2004–42 of the Federal Reserve System Finance and Economics Discussion Series, 2004.
Petersen, Mitchell and Raghuram Rajan. “Does Distance Still Matter? The Information Revolution in Small Business Lending.” The Journal of Finance 57, No. 6 (2002): 2,533–2,570.
Persad, Sandhya. “Bankruptcy Exemptions and Small Business Credit Re-examined: Using Loan Guarantees to isolate Borrower Moral Hazard behavior,” The Wharton School of Business: 2004.
Puri, Manju and David Robinson. “Optimism and Economic Choice.” Prepared for the AFA 2006 Boston Meetings Papers, 2005.
Schumpeter, Joseph. The Theory of Economic Development. Cambridge: Harvard University Press, 1911.
U.S. Small Business Administration Office of Advocacy and The Ewing Marion Kauffman Foundation. Entrepreneurship in the Twenty-First Century. Conference proceedings from 26, March 2004.
Vos, Ed, Andrew Jia-Yuh Yeh, Sara Carter, and Stephen Tagg. “The Happy Story of Small Business Financing.” Working Paper, 2005.
Yago, Glenn, Betsy Zeidman, and Bill Schmidt. Creating Capital, Jobs, and Wealth in Emerging Domestic Markets: Financial Technology Transfer to Low-Income Communities. Milken Institute, 2003.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2008 Milken Institute
About this chapter
Cite this chapter
Barth, J.R., Yago, G., Zeidman, B. (2008). Stumbling Blocks to Entrepreneurship in Low- and Moderate-Income Communities. In: Yago, G., Barth, J.R., Zeidman, B. (eds) Entrepreneurship in Emerging Domestic Markets. The Milken Institute Series on Financial Innovation and Economic Growth, vol 7. Springer, Boston, MA. https://doi.org/10.1007/978-0-387-72857-5_5
Download citation
DOI: https://doi.org/10.1007/978-0-387-72857-5_5
Publisher Name: Springer, Boston, MA
Print ISBN: 978-0-387-72856-8
Online ISBN: 978-0-387-72857-5
eBook Packages: Business and EconomicsEconomics and Finance (R0)