Will COVID-19 Worsen the Racial Wealth Gap in the United States?
Kalpana Khanal,
Sophia Prouty and
Thomas Stedman
Journal of Economic Issues, 2021, vol. 55, issue 2, 499-508
Abstract:
As COVID-19 cases in the United States (U.S.) have skyrocketed, the virus seems to disproportionately affect Blacks, minorities, and the poor. In addition to inversely affecting public health, COVID-19 confronts Americans with an economic crisis. It has exasperated some pre-COVID-19 economic and health disparities—including wealth gap, housing disparity, lack of job security, and so forth among black Americans. The goal of this article is threefold: first by following an historical approach it explores why a significant wealth gap exists between Americans. Second, it explores how systemic economic inequality is magnified by the COVID-19 pandemic. Third, it recommends some policies to address economic inequality and close the existing wealth gap.
Date: 2021
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/00213624.2021.1913376 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:mes:jeciss:v:55:y:2021:i:2:p:499-508
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MJEI20
DOI: 10.1080/00213624.2021.1913376
Access Statistics for this article
More articles in Journal of Economic Issues from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().