主题：Macroeconomics of Racial Disparities: Discrimination, Labor Market, and Wealth
主讲人：杨关忆 美国科罗拉多学院
主持人：蒋璇 88858cc永利官网
时间：2024年10月17日（周四）下午15:30-17:00
地点：88858cc永利官网石牌校区88858cc永利官网大楼（中惠楼）102室
摘要
This study examines how racial discrimination in hiring impacts employment, wages, and wealth among black and white workers in the steady state and business cycles. We develop a search-and-matching model that includes both black and white workers and firms with and without racially biased hiring practices. Our results show that labor market search frictions enable the persistence of hiring discrimination in a competitive equilibrium. Firms sustain prejudiced hiring by using their profits while staying competitive. Removing prejudiced firms leads to equal employment rates and reduces income and wealth gaps. However, these firms are not perfect substitutes for nonprejudiced ones. Penalizing prejudiced firms promotes the entry of non-prejudiced firms but does not fully offset the decline in overall economic output and the welfare loss for white workers. Moreover, discriminatory hiring largely explains the higher unemployment and wage volatility among black workers over the business cycles. Eliminating prejudiced firms further boosts black workers’ average welfare.
主讲人简介
杨关忆，Colorado College经管学院助理教授，Gerald L. Schlessman助理教授，Global Labor Organization (GLO)学者。于2018年从Ohio State University获得博士学位。主要研究领域为宏观劳动经济学，研究聚焦于构建基于微观的异质代理人一般均衡模型。研究成果发表在领先的经济学期刊，如European Economic Review，Oxford Bulletin of Economics and Statistics等。参与美国自然科学基金MRI项目。个人主页：
https://sites.google.com/site/guanyiyangeconomics/home
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校对|蒋 璇
责编| 彭 毅
初审| 李仲达
终审发布| 何凌云
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