When the Emancipation Proclamation was signed in 1863, the black community owned less than one percent of the United States' total wealth. More than 150 years later, that number has barely budged. The Color of Money pursues the persistence of this racial wealth gap by focusing on the generators...

We analyze the role of bank mergers as determinants of the evolution of branch presence at the county level. Panel regressions based on county-level branch density are used to study differences across urban versus rural counties as well as pre- and post-crisis. The results indicate that bank...

"America's preeminent law firms, investment banks, and management consultant firms are known for being difficult workplaces. Between long, stressful hours on the job, low odds of promotions, often-unrewarding work assignments, and "up-or-out" personnel practices, most people who begin their...