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This paper tests for bias in consumer lending decisions using administrative data from a high-cost lender in the United Kingdom. We motivate our analysis using a simple model of bias in lending, which predicts that profits should be identical for loan applicants from different groups at the...
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This paper tests for bias in consumer lending using administrative data from a high-cost lender in the United Kingdom. We motivate our analysis using a new principal-agent model of bias, which predicts that profits should be higher for the most illiquid loan applicants at the margin if loan...
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We examine whether employment discrimination increased after the 2016 presidential election in the United States. We … difference between white and Somali American applicants increased by 8 percentage points. The increased discrimination … 2018 to test for seasonality in discrimination; there was no substantial increase in discrimination after the 2017 election. …
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