This repository contains a brief response to “The Impact of Financial Inclusion on Minorities: Evidence from the Freedman’s Savings Bank” (Célérier and Tak, April 2021), which offers critical commentary on “Financial Inclusion, Human Capital, and Wealth Accumulation: Evidence from the Freedman’s Savings Bank” (Stein and Yannelis, 2020).
We first learned of Célérier and Tak (2021) after it was posted on SSRN, where an updated version may be available.