Mothers may face pressure to sort out of the labor market due to perceptions that women have an absolute advantage in child-rearing, even when their earnings potential matches that of men. Guided by a simple model, we use a survey experiment where we equalize earnings potential across gender and...

This paper investigates predictions of structural credit risk models for interest rate sensitivities of corporate bond returns. Recent evidence has shown that the existing models fail to capture this sensitivity (a stylized fact referred to as the interest rate sensitivity puzzle). We propose...