THE GEOGRAPHY OF FRINGE BANKING*
研究了美国边缘银行（如发薪日贷款、支票兑现）的空间分布，发现它们并非填补传统银行空白，且分布受种族构成和监管影响因服务类型而异。
ABSTRACT U.S. financial services are bifurcated into a traditional banking sector that serves wealthier individuals and a less regulated alternative financial services sector (payday lenders, check cashers, etc.) catering to lower income individuals. What determines the spatial distribution of fringe banks? First, at the county level, fringe banks do not fill a spatial void in traditional services. Second, whether fringe providers disproportionately locate in counties with more minorities depends on the service and the minority population. Finally, pawnshop prevalence is shaped by restrictions on interest and fees, but the location of payday lenders and check cashers is not sensitive to such regulation.