New research finds women and minorities likely to pay higher auto loan premiums
Model-Free Evidence: Cumulative Distribution Functions of Dealer Markups Underlying the Gender and Racial GapsNotes. (a) More women than men are charged nonzero markups (in bps), given the rightward shift in the cumulative distribution function for women relative to men. (b) Dealers charge minorities nonzero markups more frequently than they charge nonminorities. Credit: Marketing Science (2023). DOI: 10.1287/mksc.2022.0295
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