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We find that firms with higher gender and racial diversity of inventors have significantly superior stock returns than firms with more homogeneous inventors. A long-short value-weighted portfolio of firms, ranked on inventor diversity (ID), earned a four-factor alpha of 4.32% per year. The...
Persistent link: https://www.econbiz.de/10012845515
We use the NLSY79 to produce the first estimates of intergenerational mobility in the U.S. by both region and race …/ethnicity. We show that gaps in intergenerational mobility by race are significantly larger than those by region. In particular … that these can explain much of the gaps by race/ethnicity …
Persistent link: https://www.econbiz.de/10012852704
We decompose the ethnic pay gap in Great Britain across the distribution of hourly wages, yielding a detailed insight into differences between groups and how these vary over pay percentiles and through time. While some groups experience reductions in the pay gap consistent with lower...
Persistent link: https://www.econbiz.de/10012508572
Geocoding (BISG) method, which combines surname and geography information to impute missing race and ethnicity. The proposed … approach is validated using a large mortgage lending dataset for whom race and ethnicity are reported. The new approach results … either BIFSG or BISG proxies are remarkably close to those based on actual race and ethnicity. Following evaluation, I …
Persistent link: https://www.econbiz.de/10012994741
FHA-insured home purchase mortgages between 2010 and 2019 across categories of race, ethnicity, and gender accounting for …
Persistent link: https://www.econbiz.de/10013306140
The effects of skills achieved in early adulthood—as measured by the Armed Forces Qualifying Test (AFQT) score, the Rotter score, and Deming’s (2017) Social score—are shown to impact education, income, and homeownership levels achieved in later life. Mediation analysis is used to identify...
Persistent link: https://www.econbiz.de/10013321773
We conducted a systematic review of racial, ethnic, and gender differences on financial knowledge in the United States. We reviewed journal publications that specifically study or consider racial, ethnic and gender differences in financial knowledge during the period 2010-2021. We include in...
Persistent link: https://www.econbiz.de/10013404187
author demographics based on names, we explore the link between race and ethnicity and fields of economic research. We find …
Persistent link: https://www.econbiz.de/10014529750
We analyze the role played by the Supplemental Nutrition Assistance Program (SNAP) in alleviating or exacerbating inequality across racial and ethnic groups in food expenditures and in the resources needed to meet basic food needs (the "food resource gap"). To do this, we propose a simple...
Persistent link: https://www.econbiz.de/10014286269
Scholarly literature and popular media outlets document the lack of racial and ethnic diversity and inclusion among technology sector employees, however; racial and ethnic disparities in technology entrepreneurship are not well documented or understood. The factors that contribute to a more...
Persistent link: https://www.econbiz.de/10014243576