The Economic Gains from Equity

IF 2.7 3区经济学 Q1 ECONOMICS

Brookings Papers on Economic Activity Pub Date : 2021-03-25 DOI:10.1353/eca.2022.0001

Shelby R. Buckman, Laura Choi, M. Daly, Lily Seitelman

引用次数: 5

Abstract

ABSTRACT:How much larger would the US economic pie be if labor market outcomes were more equitably distributed by race and ethnicity? Using data from the Current Population Survey (1990–2019), we estimate the improvements in labor contribution to aggregate output associated with making the outcomes for Black, Hispanic, and other minority groups at least as favorable as those for non-Hispanic white individuals in employment, hours worked, educational attainment, educational utilization, and earnings. We find significant economic gains, measured in trillions of dollars of GDP. Our results indicate that ensuring all Americans have an equitable opportunity to participate in the economy is an economically significant way to increase aggregate prosperity.

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股权的经济收益

摘要:如果劳动力市场的结果能更公平地按种族和民族分配，美国的经济蛋糕会有多大?利用当前人口调查(1990-2019)的数据，我们估计了劳动力对总产出贡献的改善，这与使黑人、西班牙裔和其他少数族裔群体在就业、工作时间、受教育程度、教育利用和收入方面至少与非西班牙裔白人一样有利有关。我们发现了显著的经济收益，以数万亿美元的GDP来衡量。我们的研究结果表明，确保所有美国人都有公平的机会参与经济是增加总体繁荣的经济重要途径。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Brookings Papers on Economic Activity ECONOMICS-

CiteScore

10.10

自引率

0.00%

发文量

期刊介绍： The Brookings Papers on Economic Activity (BPEA) is a semi-annual academic conference and journal that pairs rigorous research with real-time policy analysis to address the most urgent economic challenges of the day. Working drafts of the papers are presented and discussed at conferences typically held twice each year, and the final versions of the papers and comments along with summaries of the general discussions are published in the journal several months later. The views expressed by the authors, discussants and conference participants in BPEA are strictly those of the authors, discussants and conference participants, and not of the Brookings Institution. As an independent think tank, the Brookings Institution does not take institutional positions on any issue.