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Working Paper
The Impact of Racial Segregation on College Attainment in Spatial Equilibrium
Gregory, Victoria; Kozlowski, Julian; Rubinton, Hannah (2023-07-13)
We incorporate race into an overlapping-generations spatial-equilibrium model with neighborhood spillovers. The model incorporates race in three ways: (i) a Black-White wage gap, (ii) an amenity externality---households care about the racial composition of their neighbors---and (iii) an additional barrier to moving for Black households. These forces quantitatively account for all of the racial segregation and 80% of the Black-White gap in college attainment in the data for the St. Louis metro area. Counterfactual exercises show that all three forces are quantitatively important. The presence ...
Working Papers , Paper 2022-036

Briefing
A More Comprehensive Measure of the Black-White Wealth Gap
Jones, John Bailey; Neelakantan, Urvi (2022-05)
In this article, we apply a simple graphical device — the plot of the relative rank distribution — to summarize the Black-White wealth gap. We also introduce the relative rank Gini coefficient — an analog to the standard Gini coefficient — as a summary measure of rank inequality. We find that the rank wealth gap is widest in the middle of the wealth distribution. Black-White rank wealth gaps are higher among college graduates than among other education groups. Households with young or retired heads have higher rank gaps than middle-aged households. We caution that rank gaps are not ...
Richmond Fed Economic Brief , Volume 22 , Issue 17

Report
The gender gap in mathematics: evidence from a middle-income country
Neilson, Christopher; Bharadwaj, Prashant; De Giorgi, Giacomo; Hansen, David (2015-04-01)
Using a large administrative data set from Chile, we find that, on average, boys perform better than girls in mathematics. In this paper, we document several features of their relative performance. First, we note that the gender gap appears to increase with age (it doubles between fourth grade and eighth grade). Second, we test whether commonly proposed explanations such as parental background and investment in the child, unobserved ability, and classroom environment (including teacher gender) help explain a substantial portion of the gap. While none of these explanations help in explaining a ...
Staff Reports , Paper 721

Journal Article
On the record: Texas students often lack skills, financial knowledge for college success
Weiss, Michael (2014-04)
Jeff Webster is assistant vice president for research and analytical services for TG (Texas Guaranteed Student Loan Corp.), a nonprofit that promotes educational access and administers the Federal Family Education Loan Program. He has studied student loan default, debt burden and student retention.
Southwest Economy , Issue Q2 , Pages 8-9

Working Paper
Seven Economic Facts About the U.S. Racial Wealth Gap
Broady, Kristen; Booth-Bell, Darlene; Griffin, Taylor (2022-07)
Using data from the 2019 Survey of Consumer Finances and the U.S. Census Bureau, along with data and research from other sources, this paper presents seven economic facts about the racial wealth gap in the U.S. We present data on racial disparities in income, employment, homeownership, education, access to credit, and retirement savings – all factors that contribute to a significant and persistent gap in net worth between households of different races and ethnicities, particularly between Black households and White households. While none of the economic factors listed fully explains the ...
Working Paper Series , Paper WP 2022-32

Did expanded Child Tax Credit enable parents in financially vulnerable households to work during pandemic?
Saving, Jason L.; Zhang, Xiaohan (2023-02-28)
Social scientists have found in some instances that safety-net programs sometimes reduce recipients’ incentive to work and thereby provide a headwind to U.S. economic growth.
Dallas Fed Communities

Speech
Higher Education in an Evolving Economy
Harker, Patrick T. (2018-02-08)
Speaking in New York City, Philadelphia Fed President Patrick Harker talked about the challenges facing the U.S. higher education system in an evolving economy. He also discussed the barriers many underrepresented students encounter.
Speech , Paper 148

Working Paper
Social Interventions, Health and Wellbeing: The Long-Term and Intergenerational Effects of a School Construction Program
Mazumder, Bhashkar; Triyana, Margaret; Rosales, Maria Fernanda (2019-10-28)
We analyze the long-run and intergenerational effects of a large-scale school building project (INPRES) that took place in Indonesia between 1974 and 1979. Specifically, we link the geographic rollout of INPRES to longitudinal data from the Indonesian Family Life Survey covering two generations. We find that individuals exposed to the program have better health later in life along multiple measures. We also find that the children of those exposed also experience improved health and educational outcomes and that these effects are generally stronger for maternal exposure than paternal exposure. ...
Working Paper Series , Paper WP-2019-09

Working Paper
Estimating Occupation- and Location-Specific Wages over the Life Cycle
Terry, Ellyn; Ilin, Elias (2021-06-03)
In this paper we develop a novel method to project location-specific life-cycle wages for all occupations listed in the Occupational Outlook Handbook from the U.S. Bureau of Labor Statistics. Our method consists of two steps. In the first step, we use individual-level data from the Current Population Survey to estimate the average number of years of potential labor market experience that is associated with each percentile of the education-level specific wage distribution. In the second step, we map this estimated average years of experience to the wage-level percentiles reported in the ...
FRB Atlanta Working Paper , Paper 2021-15a

Speech
Conference on Technology-Enabled Disruption: Implications for Business, Labor Markets, and Monetary Policy
Harker, Patrick T. (2018-05-24)
Introductory Remarks: Panel on Broader Labor Market Implications of Technology-Enabled Disruption. Philadelphia Fed President Patrick T. Harker recently spoke in Dallas about advances in technology and how it's vitally important that we educate and train U.S. workers to meet the needs of a changing labor market.
Speech , Paper 152

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