...John Adams Kumar et al. (2015) report that mutual fund managers with foreign-sounding names attract less investor flow, a pattern which is consistent with taste-based discrimination. While I can reproduce their main finding using their sample, the result does not hold under independent...

... bank efficiency, lowered entry barriers facing nonfinancial firms, and intensified competition for labor throughout the economy. Consistent with Becker’s (1957) theory of racial discrimination, we find that in economies where employers have sufficiently strong racial biases, deregulation-induced...