Race and gender income inequality in the USA: black women vs. white men

Ivan Kitov

MPRA Paper from University Library of Munich, Germany

Abstract: Income inequality between different races in the U.S. is especially large. This difference is even larger when gender is involved. In a complementary study, we have developed a dynamic microeconomic model accurately describing the evolution of male and female incomes since 1930. Here, we extend our analysis and model the disparity between black and white population in the U.S., separately for males and females. Unfortunately, income microdata provided by the U.S. Census Bureau for other races and ethnic groups are not time compatible or too short for modelling purposes. We are forced to constrain our analysis to black and white population, but all principal results can be extrapolated to other races and ethnicities. Our analysis shows that black females and white males are two poles of the overall income inequality. The prediction of income distribution for two extreme cases with one model is the main challenge of this study.

Keywords: personal income; evolution; age; race; GDP per capita; USA (search for similar items in EconPapers)
JEL-codes: D01 D31 E17 E64 J1 O12 (search for similar items in EconPapers)
Date: 2020-06-10, Revised 2020-06-10
New Economics Papers: this item is included in nep-gen, nep-mac, nep-ore and nep-pke
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Related works:
Working Paper: Race and gender income inequality in the USA: black women vs. white men (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:101019

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