Working Paper
The COVID-19 Pandemic and Asian American Employment
Honore, Bo E.; Hu, Luojia (2020-09-22)
This paper documents that the employment of Asian Americans with no college education has been especially hard hit by the economic crisis associated with the Covid-19 pandemic. This cannot be explained by differences in demographics or in job characteristics. Asian American employment is also harder hit unconditional on education. This suggests that different selection into education levels across ethnic groups alone cannot explain the main results. This pattern does not apply to the 2008 economic crisis. Our findings suggest that this period might be fundamentally different from the previous ...
Working Paper Series , Paper WP-2020-19

Working Paper
The COVID-19 Pandemic and Asian American Employment
Hu, Luojia; Honore, Bo E. (2021-07-01)
Recent studies have documented the disparate impact of the COVID-19 pandemic on labor market outcomes for different racial groups. This paper adds to this literature by documenting that the employment of Asian Americans - in particular those with no college education - has been especially hard hit by the economic crisis associated with the onset of the pandemic. This can only partly be explained by differences in demographics, local market conditions, and job characteristics, and it also cannot be entirely explained by possible different selection into education levels across ethnic groups. ...
Working Paper Series , Paper WP-2020-19

Working Paper
The COVID-19 Pandemic and Asian American Employment
Hu, Luojia; Honore, Bo E. (2020-11-10)
This paper documents that the employment of Asian Americans with no college education has been especially hard hit by the economic crisis associated with the Covid-19 pandemic. This cannot be explained by differences in demographics or in job characteristics, and the pattern does not apply to the 2008 economic crisis. We find some evidence that the effect is larger in occupations with more interpersonal tasks. Asian American employment is also harder hit unconditional on education. This suggests that different selection into education levels across ethnic groups alone cannot explain the main ...
Working Paper Series , Paper WP-2020-19

Asian American Households Had More College Grads, Higher Incomes in 2022
Ricketts, Lowell R.; Kent, Ana Hernández (2024-08-06)
Asian American households had more college grads and higher incomes than other racial and ethnic groups in 2022, per new data from the Federal Reserve’s Survey of Consumer Finances.
On the Economy

Wealth and Its Distribution: A Look at Asian American Households in 2022
Ricketts, Lowell R.; Kent, Ana Hernández (2024-08-13)
Asian Americans typically had more wealth than other racial or ethnic groups, and that wealth was spread across a diverse range of financial and nonfinancial assets.
On the Economy