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Title: The White/Black Educational Gap, Stalled Progress, and the Long Term Consequences of Crack Cocaine Markets

Citation Type: Conference Paper

Publication Year: 2012

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Abstract: We propose the rise of crack cocaine markets as an explanation for the end to the convergence in black-white educational outcomes beginning in the mid-1980s. After constructing a measure to date the arrival of crack markets in cities and states, we show that large increases in murder and incarceration rates occur after these dates. Black high school graduation rates also decline, and we estimate that the emergence of crack markets accounts for between 40 and 73 percent of the fall in black male high school graduation rates. We argue that the primary mechanism is reduced educational investments in response to decreased returns to schooling,

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Authors: Evans, William N.; Garthwaite, Craig; Moore, Timothy J.

Conference Name: University of Notre Dame Department of Economics Seminar Series

Publisher Location: Notre Dame, IN

Data Collections: IPUMS USA

Topics: Fertility and Mortality, Health, Housing and Segregation, Race and Ethnicity

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