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Working Paper
The Long-Run Effects of the 1930s HOLC “Redlining” Maps on Place-Based Measures of Economic Opportunity and Socioeconomic Success
We estimate the long-run effects of the 1930s Home Owners Loan Corporation (HOLC) redlining maps on census tract-level measures of socioeconomic status and economic opportunity from the Opportunity Atlas (Chetty et al. 2018). We use two identification strategies to identify the long-run effects of differential access to credit along HOLC boundaries. The first compares cross-boundary differences along actual HOLC boundaries to a comparison group of boundaries that had similar pre-existing differences as the actual boundaries. A second approach uses a statistical model to identify boundaries ...
Speech
Northwest Arkansas Fireside Chat and Visit
St. Louis Fed President Alberto Musalem and Kansas City Fed President Jeff Schmid participated in a fireside chat in Bentonville, Ark. Matuschka Lindo Briggs, senior vice president and regional executive of the St. Louis Fed’s Little Rock Branch, moderated the discussion. The Federal Reserve banks of St. Louis and Kansas City partnered with chambers of commerce in Northwest Arkansas for the event.