I develop a heterogeneous-agent New-Keynesian model featuring racial inequality in income and wealth, and studies interactions between racial inequality and monetary policy. Black and Hispanic workers gain more from accommodative monetary policy than White workers mainly due to higher labor...

In this dissertation, three studies examine how taken-for-granted assumptions around how researchers measure race, social mobility, and education obscure heterogeneity in Black-White economic inequality.In chapter 2, I analyze Black-White wealth disparities based on skin tone using data from the...

This paper explores disparities between White, Black, and Hispanic families using a measure of lifetime earnings developed by Jacobs et al. (2022) for the Survey of Consumer Finances (SCF). Lifetime earnings are a particularly important measure of well-being, with relevance for wealth...