) abilities and on the sectoral concentration risk of a credit portfolio. In this paper, we examine in the first part if … cooperative banks. In the second part we measure the overall effect of better monitoring and the associated higher sectoral credit … concentrations on the credit risk of the portfolio. Our empirical results suggest that specialization benefits overcompensate the …

possibility among women and investigate if race/ethnicity and birthplace still have a role to play in the decision to use welfare … even after controlling for income, health and other demographic factors like employment. We find that race does not matter …

disparities, and segregation. The use of race as a signal arises here, as in models of statistical discrimination, from imperfect … only minimal assumptions about the ex ante importance of race. …

History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status … such as race, gender, or ethnicity is much less acceptable. Why? I develop a simple rent-seeking model of conflict which is …

scaffolding erected many years earlier. Using a novel within race decomposition we provide evidence that past institutions …