Changing Financial Markets and Community Development

A Federal Reserve System Community Affairs Research Conference

Proceedings of a Conference
Held in Washington, D.C.
April 5-6, 2001

 

The Community Affairs Officers of the Federal Reserve System are pleased to present the proceedings of the Changing Financial Markets and Community Development conference, held April 5 and 6, 2001, in Washington, D.C. The proceedings include papers or summaries of the papers presented by distinguished economists and scholars from across the country. The papers are reviewed by conference discussants, who have extensive experience in the field. We are grateful to the authors and discussants for sharing their findings on an important aspect of our free enterprise system.


This research represents the latest work in the field from academia, policy institutions and the Federal Reserve System. The papers and the reviews offer fresh insight into new industry developments and products and how they and alternative service providers affect the delivery of services to the unbanked, techniques developed to increase accumulated wealth in low- and moderate-income populations and measures of how bank consolidation and CRA have affected the delivery and profitability of lending programs.


These proceedings are designed to further understanding of community development lending and credit issues among scholars, practitioners and policymakers. We hope that future conferences and publications like this one will further encourage ongoing research and discussion of these and other topics related to community economic development.

 

Editors

Jackson L. Blanton
Vice President and Community Affairs Officer
Federal Reserve Bank of Richmond

Alicia Williams
Vice President and Community Affairs Officer
Federal Reserve Bank of Chicago

Sherrie L. W. Rhine
Economist, Consumer Issues Research
Federal Reserve Bank of Chicago

 


Back To Top
04/05/01
12:00 AM
Welcoming Address
Edward M Gramlich, Member, Board of Governors of the Federal Reserve System
12:00 AM
Keynote Address
Alan Greenspan, Chairman, Board of Governors of the Federal Reserve System
12:00 AM
Luncheon Address
, President, National Center for Neighborhood Enterprise
12:00 AM
Overview
Lynn Elaine Browne, Executive Vice President and Director of Research, Federal Reserve Bank of Boston
12:00 AM
Session 1: The Unbanked and the Alternative Financial Sector
Constance R Dunham, Office of the Comptroller of the Currency
Sherrie L W Rhine, Federal Reserve Bank of Chicago
Maude Toussaint-Comeau, Federal Reserve Bank of Chicago
Jeanne M Hogarth, Board of Governors of the Federal Reserve System
William H Greene, Stern School of Business, New York University
12:00 AM
Session 2: New Industry Development
M Cary Collins, University of Tennessee
Keith D Harvey, Boise State University
Peter J Nigro, Office of the Comptroller of the Currency
Julia Sass Rubin, Harvard University and Harvard Business School
Kathleen C Engel, Cleveland Marshall College of Law, Cleveland State University
Patricia A McCoy, Cleveland Marshall College of Law, Cleveland State University
James H Carr, Fannie Mae Foundation
04/06/01
12:00 AM
Session 3: Wealth Creation
Mark Schreiner, George Warren Brown School of Social Work, Washington University in St. Louis
Michael Sherraden, George Warren Brown School of Social Work, Washington University in St. Louis
Margaret Clancy, George Warren Brown School of Social Work, Washington University in St. Louis
Lissa Johnson, George Warren Brown School of Social Work, Washington University in St. Louis
Jami Curley, George Warren Brown School of Social Work, Washington University in St. Louis
Min Zhan, George Warren Brown School of Social Work, Washington University in St. Louis
Michael Grinstein-Weiss, George Warren Brown School of Social Work, Washington University in St. Louis
Sondra Beverly, School of Social Welfare, University of Kansas
Timothy Bates, College of Urban, Labor and Metropolitan Affairs, Wayne State University
, Kellogg Graduate School of Management & Department of Social Work, Northwestern University
Ryon Lancaster, Kellogg Graduate School of Management & Department of Social Work, Northwestern University
Peter Chinloy, Kogod School of Business, American University
12:00 AM
Session 4: Evaluation of CRA
Eric S Belsky, Joint Center for Housing Studies, Harvard University
Michael Schill, School of Law and Wagner School of Service, New York University
Anthony Yezer, Department of Economics, The George Washington University
Robert B Avery, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Raphael W Bostic, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Glen B Canner, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Katherine A Samolyk, Division of Research and Statistics, Federal Deposit Insurance Corporation
Christopher A Richardson, Civil Rights Division, U.S. Department of Justice
Thomas T Holyoke, Center for Washington Area Studies and Department of Political Science, George Washington University
James T Campen, University of Massachusetts, Boston
Thomas M Callahan, Massachusetts Affordable Housing Alliance
David C Fynn, National City Corporation
James W Head, National Economic Development & Law Center

Back To Top