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…
Do 40-Year-Old Facts Still Matter? Long-Run Effects of Federal Oversight under the Voting Rights Act
In 2013, the Supreme Court struck down parts of the Voting Rights Act that mandated federal oversight of election laws in discriminatory…
This paper argues that the debt forgiveness provided by the U.S. consumer bankruptcy system helped stabilize employment levels during the…