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Hornuf, Lars - 2019

Historically, people have often expressed negative feelings toward speculators, a sentiment that might have even been reinforced since the latest financial crisis, during which taxpayer money was warranted or spent to bail out reckless investors. In this paper, we conjecture that judges may also...

Persistent link: https://www.econbiz.de/10012892211

Spite in Litigation

Mill, Wladislaw; Stäbler, Jonathan - 2023

This paper studies how litigation and settlement behavior is affected by agents motivated by spiteful preferences under the American and the English fee-shifting rule. We conduct an experiment and find that litigation expenditures and settlement requests are higher for more spiteful...

Persistent link: https://www.econbiz.de/10014260383

Do employers discriminate less if vacancies are difficult to fill? Evidence from a field experiment

Baert, Stijn; Cockx, Bart; Gheyle, Niels; Vandamme, Cora - 2013

We empirically test the relationship between hiring discrimination and labour market tightness at the level of the occupation. To this end, we conduct a correspondence test in the youth labour market. In line with theoretical expectations, we find that, compared to natives, candidates with a...

Persistent link: https://www.econbiz.de/10010291494

Race Meets Bargaining in Product Development

Karagözoğlu, Emin - 2020

We introduce a model of product development in a firm. Our model describes the process as a multi-stage contest (i.e., race) with an endogenous length (with one stage or two stages) between two workers. We model the payments to workers from the new product using the normatively appealing Nash...

Persistent link: https://www.econbiz.de/10012841137

Beliefs About Racial Discrimination and Support for Pro-Black Policies

Haaland, Ingar - 2019

We examine whether information about racial discrimination causally affects support for pro-black policies. Using representative samples of Americans, we elicit quantitative and incentivized beliefs about the extent of hiring discrimination against blacks. Relative to Republicans, Democrats...

Persistent link: https://www.econbiz.de/10012861445

Monetary Policy and Racial Inequality

Bartscher, Alina K.; Wachtel, Paul; Kuhn, Moritz; … - 2021

This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white...

Persistent link: https://www.econbiz.de/10013246912

Discrimination, Managers, and Firm Performance : Evidence from "Aryanizations" in Nazi Germany

Huber, Kilian; Lindenthal, Volker; Waldinger, Fabian - 2021

Large-scale increases in discrimination can lead to dismissals of highly qualified managers. We investigate how expulsions of senior Jewish managers, due to rising discrimination in Nazi Germany, affected large corporations. Firms that lost Jewish managers experienced persistent reductions in...

Persistent link: https://www.econbiz.de/10013314854

Racial Disparities in Access to Small Business Credit : Evidence from the Paycheck Protection Program

Howell, Sabrina T; Kuchler, Theresa; Snitkof, David; … - 2021

We explore the sources of racial disparities in small business lending by studying the $806 billion Paycheck Protection Program (PPP), which was designed to support small business jobs during the COVID-19 pandemic. PPP loans were administered by private lenders but federally guaranteed, largely...

Persistent link: https://www.econbiz.de/10013323971

Price and Prejudice : Housing Rents Reveal Racial Animus

Brülhart, Marius; Klinke, Gian-Paolo; Marcucci, Andrea; … - 2023

their inferred crime propensity affect prices significantly. Our findings are consistent with racial animus as the dominant …

Persistent link: https://www.econbiz.de/10014357814

Unemployment and gang crime: could prosperity backfire?

Poutvaara, Panu; Priks, Mikael - 2007

Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …

Persistent link: https://www.econbiz.de/10010264089