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New Tool Reveals Potential GDP Gains from Closing Racial and Gender Gaps


Abstract: A simulation shows how much each U.S. state’s economy could have gained if gaps in various labor market measures—earnings, hours, education and employment—were closed.

Keywords: GDP; racial inequality; gender inequality; economic disparities;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Source: On the Economy

Publication Date: 2021-06-24