Search Results

SORT BY: PREVIOUS / NEXT
Jel Classification:J15 

Discussion Paper
How Prevalent Were Racially Restrictive Covenants in 20th Century Philadelphia? A New Spatial Data Set Provides Answers

One of the tools used by early 20th century developers, builders, and white homeowners to prevent African Americans from accessing parts of the residential real estate market was the racially restrictive covenant. In this paper, we present a newly constructed spatial data set of properties in the city of Philadelphia with deeds that contained a racially restrictive covenant at any time from 1920 to 1932. To date, we have reviewed hundreds of thousands of property deeds and identified nearly 4,000 instances in which a racial covenant had been included in the deed. The covenanted properties ...
Consumer Finance Institute discussion papers , Paper 19-5

Working Paper
Economic Activity by Race

We observe empirical differences between races across various macroeconomic variables for the White, Black, Asian, and Hispanic populations in the U.S. For instance, the Black unemployment rate in the U.S. is more often than not double the White unemployment rate. In this paper, I treat nine macroeconomic variables as noisy indicators of economic activity and estimate an index that measures the economic activity of racial demographic groups in the U.S., called Economic Activity by Race (EAR). The noise of the indicators motivates the use of Kalman filter estimation to extract a common ...
Working Papers , Paper 23-16

Working Paper
Hispanics in the U.S. Labor Market: A Tale of Three Generations

Immigrants? descendants typically assimilate toward mainstream social and economic outcomes across generations. Hispanics in the United States are a possible exception to this pattern. Although there is a growing literature on intergenerational progress, or lack thereof, in education and earnings among Hispanics, there is little research on employment differences across immigrant generations. Using data from 1996 to 2017, this study reveals considerable differences in Hispanics? employment rates across immigrant generations. Hispanic immigrant men tend to have higher employment rates than ...
Working Papers , Paper 1809

Working Paper
The Slaughter of the Bison and Reversal of Fortunes on the Great Plains

In the late 19th century, the North American bison was brought to the brink of extinction in just over a decade. We show that the bison?s slaughter led to a reversal of fortunes for the Native Americans who relied on them. Once the tallest people in the world, the generations of bison-reliant people born after the slaughter were among the shortest. Today, formerly bison-reliant societies have between 20-40% less income per capita than the average Native American nation. We argue that federal Indian policy that limited out-migration from reservations and restricted employment opportunities to ...
Center for Indian Country Development series , Paper 1-2019

Working Paper
The Lasting Impact of Historical Residential Security Maps on Experienced Segregation

We study the impact of the 1930s HOLC residential security maps on experienced segregation based on cell phone records which track visits out of and into home neighborhoods. We compare adjacent neighborhoods, one of which was assigned a lower grade for creditworthiness than the other. We use a sample of neighborhood borders which, based on estimated propensity scores, are likely to have been drawn for idiosyncratic reasons. Neighborhoods on the lower graded side of the border are associated with more visits to other historically lower graded destination neighborhoods. Today, these destination ...
Working Paper Series , Paper WP 2023-33

Report
The Limited Role of Intergenerational Transfers for Understanding Racial Wealth Disparities

Transfers of wealth between generations—whether through inheritances or inter vivos gifts—are less important in explaining racial disparities in wealth than might be expected. While this factor looms large in the media’s discussions of racial inequality, it explains relatively little of the disparities evident in the data. One reason is that most people, regardless of race, receive no inheritance or other transfer of substantial value. In addition, most recipients of inheritances ultimately consume those bequests and do not plan to leave substantial gifts to their offspring. Further, ...
Current Policy Perspectives

Report
A New Look at Racial Disparities Using a More Comprehensive Wealth Measure

Most research measuring disparities in wealth by race relies on data that exclude resources that are disproportionately important to low-wealth and non-white families, namely defined benefit (DB) pensions and Social Security. This paper finds that once these resources are included, disparities in wealth between white families and Black and Hispanic families are substantially smaller and that they are not rising over time. The powerful equalizing roles of DB pensions and Social Security highlighted here are further motivation for maintaining their fiscal health. This paper also presents ...
Current Policy Perspectives

Working Paper
How Foreign- and U.S.-Born Latinos Fare During Recessions and Recoveries

Latinos make up the nation’s largest ethnic minority group. The majority of Latinos are U.S. born, making the progress and well-being of Latinos no longer just a question of immigrant assimilation but also of the effectiveness of U.S. educational institutions and labor markets in equipping young Latinos to move out of the working class and into the middle class. One significant headwind to progress among Latinos is recessions. Economic outcomes of Latinos are far more sensitive to the business cycle than are outcomes for non-Hispanic whites. Latinos also have higher poverty rates than ...
Working Papers , Paper 2104

Journal Article
Do Family Structure Differences Explain Trends in Wealth Differentials?

Race and ethnic wealth differentials are wide and increasing. Some of the gaps are associated with education differences, but education alone cannot account for the substantially higher net worth of White families than of Black and Hispanic families. As of 2013, the median wealth of Black college graduate families had fallen to only 13 percent of the median wealth of White families. One possible explanation is the significantly lower shares of married couple and married parent households among minorities. For example, even among college graduates, only 41 percent of Black family heads were ...
Review , Volume 99 , Issue 1 , Pages 85-101

FILTER BY year

FILTER BY Series

FILTER BY Content Type

FILTER BY Author

Orrenius, Pia M. 13 items

Zavodny, Madeline 12 items

Lambie-Hanson, Lauren 9 items

Aliprantis, Dionissi 7 items

Gregory, Victoria 6 items

Hartley, Daniel 6 items

show more (184)

FILTER BY Jel Classification

G21 20 items

J24 17 items

G51 16 items

D31 15 items

J61 15 items

show more (125)

FILTER BY Keywords

racial inequality 14 items

racial disparities 12 items

race 11 items

Inequality 10 items

education 10 items

home equity 8 items

show more (324)

PREVIOUS / NEXT