Full Citation
Title: A Current Microeconometric Assessment of the Racial Wage Gap in the United States
Citation Type: Journal Article
Publication Year: 2008
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Abstract: Minority groups in the United States promoted affirmative action legislation in the 1960s during the civil rights movement to help ease the inequalities suffered in their economic history. Many labor economists have sought since this time to study the effects of race, gender, and the effect of income how it has changed and if the gap has closed. Existing literature uses many different econometric models to show how the effects of race, gender, age, occupation, educational attainment, and geographic location on an individual comparative basis. This paper will examine the effects of all of these variables jointly using an ordinary least squares (OLS) regression analysis.Does race effect income according to the 2005 American Community Survey (ACS)? The ACS is 1 in 100 national survey that encompasses over 1.1 million households and 2.878 million individuals (Steven et. al.). Using multivariable OLS regression of such data will yield results that will provide an overall snapshot of the state of the modern labor economy and identify what problems our society has to economically overcome if an income gap between white males and minority groups still exists. Many other researchers have answered a similar question, however, the link between these variables on broad current level has not been drawn.
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Authors: Krisch, David
Periodical (Full): The Gettysburg Economic Review
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Volume: 2
Pages: 80-102
Data Collections: IPUMS USA
Topics: Labor Force and Occupational Structure, Race and Ethnicity
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