Using a choice experiment, we test whether taste-based employee discrimination against ethnic minorities is susceptible to loss aversion. In line with empirical evidence from previous research, our results indicate that introducing a hypothetical wage penalty for discriminatory choice behaviour...

We consider the labour market for financial advisers in the US using a matched employer-employee data set over the period 2008-2018, in order to examine gender gaps and racial disparities in labour market penalties for financial misconduct. We first show that the measurement of labour market...

The paper presents the economic literature on gender bias, illustrating the underpinnings in the psychology of bias and stereotyping; the incorporation of these insights into current theoretical and empirical research in economics, and the literature on methods to contrast bias presenting...