Using CPS data from 1979-2009 we examine how cyclical downturns and industry-specific demand shocks affect wage differentials between white non-Hispanic men and women, Hispanics and non-Hispanic whites, and African-Americans and non-Hispanic whites. Women's relative earnings are harmed by...

Machine generated contents note: Part I Disparate Treatment -- 2 Gender and Race Discrimination in Retail Car -- Negotiations (with Peter Siegelman) -- 3 Toward Causal Explanation -- 4 Discrimination in Consummated Transactions -- 5 Legal Implications -- Part II Disparate Impact -- 6 Unequal...

We consider the labour market for financial advisers in the US using a matched employer-employee data set over the period 2008-2018, in order to examine gender gaps and racial disparities in labour market penalties for financial misconduct. We first show that the measurement of labour market...