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in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
Persistent link: https://www.econbiz.de/10014388462
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...
Persistent link: https://www.econbiz.de/10012668359
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...
Persistent link: https://www.econbiz.de/10012428946
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...
Persistent link: https://www.econbiz.de/10012423843
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...
Persistent link: https://www.econbiz.de/10012438366
Monetary policy has been historically concerned with controlling inflation, using the interest rate as its main tool … between 2012 and 2021 to estimate the effects of changes in interest rates on unemployment, separating the data by gender and … race. Our results show that the real interest rate has a positive effect on the relative unemployment of black men to white …
Persistent link: https://www.econbiz.de/10014230398
emphasis on their evolution over the business cycle. Blacks have substantially higher and more cyclical unemployment rates than … comparatively higher risk of job loss. In contrast, the Hispanic-white unemployment rate gap is comparatively small and is largely …
Persistent link: https://www.econbiz.de/10011710085
high-skill workers. In this paper we show that a model of employer taste-based discrimination in a labor market … workers. We use the model to undertake a structural decomposition and conclude that discrimination resulting from employer …
Persistent link: https://www.econbiz.de/10010355697
Persistent link: https://www.econbiz.de/10014308075