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New Tool Reveals Potential GDP Gains from Closing Racial and Gender Gaps
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.
Working Paper
Health Inequality and Economic Disparities by Race, Ethnicity, and Gender
We measure health inequality during middle and old age by race, ethnicity, and gender and evaluate the extent to which it can explain inequalities in other key economic outcomes using the Health and Retirement Study data set. Our main measure of health is frailty, which is the fraction of one’s possible health deficits and is related to biological age. We find staggering health inequality: At age 55, Black men and women have the frailty, or biological age, of White men and women 13 and 20 years older, respectively, while Hispanic men and women exhibit frailty akin to White men and women 5 ...