| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28154 |
| 来源ID | Working Paper 28154 |
| Black and White: Access to Capital among Minority-Owned Startups | |
| Robert W. Fairlie; Alicia Robb; David T. Robinson | |
| 发表日期 | 2020-11-30 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | We use confidential and restricted-access data from the Kauffman Firm Survey and matched administrative data on credit scores to explore racial disparities in access to capital for new business ventures. The novel results on racial inequality in startup financing indicate that black-owned startups start smaller and stay smaller over the entire first eight years of their existence. Black startups face more difficulty in raising external capital, especially external debt. We find that disparities in credit-worthiness constrain black entreprenuers, but perceptions of treatment by banks also hold them back. Black entrepreneurs apply for loans less often than white entrepreneurs largely because they expect to be denied credit, even when they have a good credit history and in settings where strong local banks favor new business development. |
| 主题 | Labor Economics ; Demography and Aging ; Labor Discrimination ; Industrial Organization ; Firm Behavior |
| URL | https://www.nber.org/papers/w28154 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585828 |
| 推荐引用方式 GB/T 7714 | Robert W. Fairlie,Alicia Robb,David T. Robinson. Black and White: Access to Capital among Minority-Owned Startups. 2020. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28154.pdf（395KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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