Kelli Pirtle
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Renting While Black: Revealed Preferences in the Sharing Economy
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Evidence from a recent field experiment, based on data from Airbnb, demonstrates that racial discrimination persists on modern, online sharing marketplaces. Results indicate that guests with distinctively African-American names were found to be 16 percent less likely to be accepted by hosts on the site than guests with distinctively White…
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Feel It in the Air: Pollution and Crime in Chicago
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A recent study provides the first quasi-experimental evidence of a link between air pollution and criminal behavior. Researchers estimate the cost of pollution-induced crime and make a case for environmental sustainability policies that consider the impact of pollution and crime on communities.
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Higher Savings, Lower Returns: The Unacknowledged Externalities of Financial Innovation
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New research shows how innovation in finance may increase the aggregate demand for investments over time, yet lower the expected return on assets.