Athreya, Kartik; Gordon, Grey; Jones, John Bailey; … - 2022
We study the implications of incarceration for the earnings and employment of different groups, characterized by their … race, gender, and education. Our hidden Markov model distinguishes between first-time and repeat incarceration, along with … individuals. The consequences of incarceration are enormous: First-time incarceration reduces expected lifetime earnings by 39 …