There is sufficient empirical evidence that some groups, e.g., females, are less likely to see advertisements related to economic opportunities, such as employment ads or education degree program ads. More importantly, such biases in advertisements may not be due to any deliberate discrimination...

In this paper we investigate how well banks manage their reserves. The optimal policy takes into account expected foregone interest on excess reserves and penalty costs for going below required reserves. Using a unique panel data-set on daily clearing house settlements of a cross-section of...