

@mastersthesis {7370,
	title = {Essays on banking and urban economic development},
	year = {2010},
	note = {3470482},
	school = {Brown University},
	type = {phdPh.{D}.},
	address = {Ann Arbor},
	abstract = {This dissertation consists of three chapters focusing on banking and urban economic development across cities in Brazil. One chapter examines whether cities with banks experience faster economic growth compared to cities without banks. Since bank locations are endogenous with respect to local economic conditions, this chapter uses the fact that some banks are government-owned and their branch locations are likely to be driven partly by politics. 1 match cities based on their propensity to have a bank branch and instrument using political variables to obtain the treatment-on-treated, average treatment, and local average treatment effects of having a bank branch. My estimates suggest that introducing a bank branch by 1980 into a location that does not have one increases average annual GDP per capita growth between 1980 and 1996 by approximately 1.5 percentage points, while the local average treatment effect for cities that are induced into having a state-owned bank branch because of politics is on the order of 3 percentage points (approximately a one standard deviation increase in the average annual GDP per capita growth rate). The second chapter explores what happens once state-owned banks are privatized between 1997 and 2006. Comparing the economic performance of small cities whose state-owned banks are privatized with cities that either do not experience privatization or where state-owned banks play only a minor role, my results suggest that once state-owned banks are privatized, small cities experience relative declines in lending, high-skilled, and industrial employment. A third chapter explores how large and wealthy cities in Brazil might try to exclude poor migrants from entering when an informal housing sector exists. My results suggest that large and wealthy cities withhold public services such as water connections to small houses in which migrants are likely to live in order to make living conditions more difficult and dissuade migrants from entering the informal housing sector. There is evidence that under-provision of services is an effective deterrent to the growth of low-skilled households.},
	keywords = {0501:Economics, 0508:Finance, Banking, economics, Finance, Social sciences, Urban economic development},
	url = {http://search.proquest.com/docview/744393476?accountid=14270},
	author = {Feler, Leo}
}
