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Keywords:racial inequality 

Working Paper
Early Life Environment and Racial Inequality in Education and Earnings in the United States

Working Paper Series , Paper WP-2014-28

Report
Monetary Policy and Racial Inequality

This paper aims at an improved understanding of the relationship between monetary policy and racial inequality. We investigate the distributional effects of monetary policy in a unified framework, linking monetary policy shocks both to earnings and wealth differentials between black and white households. Specifically, we show that, although a more accommodative monetary policy increases employment of black households more than white households, the overall effects are small. At the same time, an accommodative monetary policy shock exacerbates the wealth difference between black and white ...
Staff Reports , Paper 959

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