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Replication data for: Are Credit Markets Still Local? Evidence from Bank Branch Closings

Version
1
Resource Type
Dataset
Creator
  • Nguyen, Hoai-Luu Q.
Publication Date
2019-01-01
Description
  • Abstract

    This paper studies whether distance shapes credit allocation by estimating the impact of bank branch closings during the 2000s on local access to credit. To generate plausibly exogenous variation in the incidence of closings, I use an instrument based on within-county, tract-level variation in exposure to post-merger branch consolidation. Closings lead to a persistent decline in local small business lending. Annual originations fall by $453K after a closing, off a baseline of $4.7 million, and remain depressed for up to 6 years. The effects are very localized, dissipating within 6 miles, and are especially severe during the financial crisis.
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/app.20170543 (Text)
Publications
  • Nguyen, Hoai-Luu Q. “Are Credit Markets Still Local? Evidence from Bank Branch Closings.” American Economic Journal: Applied Economics 11, no. 1 (January 2019): 1–32. https://doi.org/10.1257/app.20170543.
    • ID: 10.1257/app.20170543 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12

Nguyen, Hoai-Luu Q. (2019): Replication data for: Are Credit Markets Still Local? Evidence from Bank Branch Closings. Version: 1. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113733V1