Brouillette, Jean-Felix; Jones, Charles I.; Klenow, Peter J. - National Bureau of Economic Research - 2021
estimates, welfare for Black Americans was 43% of that for White Americans in 1984 and rose to 60% by 2019. Going back further …-equivalent welfare increased by a factor of 28 between 1940 and 2019, when aggregate consumption per person rose a more modest 5-fold. On … the other hand, despite this remarkable progress, the welfare gap in 2019 remains disconcertingly large. Mortality from …