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Analyzing the Dynamics of Legacy Preferences in College Admissions
Why do many U.S. colleges give preference to applicants who are relatives of alumni? A new paper coauthored by MIT Sloan Professor Emilio J. Castilla sheds light on this question.
Cleansing by Tight Credit
Cleansing by Tight Credit: Rational Cycles and Endogenous Lending Standards | Consumer Finance Initiative | Lending Markets
Personal Bankruptcy and the Accumulation of Shadow Debt
Personal Bankruptcy and the Accumulation of Shadow Debt | Consumer Finance Initiative | Lending Markets
Real Effects of Search Frictions in Consumer Credit Markets
Real Effects of Search Frictions in Consumer Credit Markets | Consumer Finance Initiative | Lending Markets
Who Benefits from Retirement Saving Incentives in the U.S.? Evidence on Racial Gaps in Retirement Wealth Accumulation
Who Benefits from Retirement Saving Incentives in the U.S.? Evidence on Racial Gaps in Retirement Wealth Accumulation | Consumer Finance Initiative | Retirement
When Scholars March: Robert B. McKersie
As a prominent thought leader in industrial relations and negotiations, McKersie often has ventured beyond the bounds of classrooms and scholarly publications to engage in direct action campaigns.