We study the drivers of financial distress using a large-scale field experiment that offered randomly selected borrowers a combination of (…
This paper tests for bias in consumer lending using administrative data from a high-cost lender in the United Kingdom. We motivate our…
This paper argues that the debt forgiveness provided by the U.S. consumer bankruptcy system helped stabilize employment levels during the…
Against a backdrop of vast income disparities across countries, this article develops a theory of how misperceptions of individuals’…
For many Americans, cities have become a beacon of hope. They are widely recognized as engines of the U.S. economy and laboratories of…
Police exercise the state’s monopoly of legitimate use of force, a fundamental state function that shapes the construction of citizenship.…
An interview with Professor Robert D. Putnam about his new book "Our Kids: The American Dream in Crisis."