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Are Loans to Minority-Owned Firms Mispriced?

By William D. Bradford, Chunbei Wang, Magnus Lofstrom, and Michael Verchot

AEA Papers and Proceedings, May 2025

We use survey data on small business loans granted in 2022 and 2023 to explore racial disparities in the terms of loans to small firms. Similar data have not been available since the 2003 Survey of Small Business Finances. We find that for Hispanic-, Asia...

Can Incorrect Beliefs about the Racial Composition of Welfare and Unemployment Insurance Beneficiaries Be Changed?

By Jeffrey Carpenter, Jakina Debnam Guzman, Peter Hans Matthews, and Erin L. Wolcott

AEA Papers and Proceedings, May 2025

Some argue that support for the social safety net in the United States is influenced by beliefs about the beneficiaries' race. Information treatments have the potential to change these beliefs, but for them to be policy relevant, their effects must last b...

Cross-Policy Effects: Lockdown Stringency, Race, and the COVID-19 Vaccine in US Nursing Homes

By Roland Pongou, Ghislain Junior Sidie, Guy Tchuente, and Jean-Baptiste Tondji

AEA Papers and Proceedings, May 2025

In a health crisis, how do early mitigation policies affect the effectiveness of later interventions? Using the lens of the COVID-19 pandemic in the United States, we show that the stringency of early public health and safety interventions increased vacci...