Tests for Racial Discrimination in Municipal Bond Data

• In Event: Racial Discrimination and Geography in Local Politics

Brief Overview

We analyze municipal bond ratings and price data to test whether municipal entities led by members of racial minorities are perceived as riskier than equivalent entities.

Authors

• John E. Transue, University of Illinois at Springfield

• Kenneth A. Kriz, University of Illinois - Springfield

• Arwiphawee Srithongrung, University of Illinois - Springfield