讲座：Racial Gaps in Two Cohorts of American Men
题 目：Racial Gaps in Two Cohorts of American Men
嘉 宾：罗赛 助理教授 上海财经大学经济学院
主持人：王洋 助理教授 上海交通大学安泰经济与管理学院
时 间：2021年4月7日（周三） 14:30-16:00
地 点：上海交通大学 徐汇校区安泰楼A511
This paper studies whether and how early career racial gaps and their underlying forces have changed across two cohorts of young American men (as represented by the NLSY-79 and NLSY-97). Tracking Black and white men from early adulthood into their mid-30s, I first document cross-cohort changes in labor market trajectories over the first eight years after school completion. The upward-sloping employment trajectory is much steeper for the older cohort (NLSY-79) than for the younger cohort (NLSY-97), especially for Black men. I then focus on the 6th through 8th year post-schooling completion, and using a semi-parametric decomposition, I estimate the role of different contributory factors to racial labor market gaps within each cohort, and examine how the patterns have changed across cohorts. I establish three main results. First, measured racial differences in education and skills, especially cognitive skills, explain 30% of the racial labor market gaps in the younger cohort and 60% of the gaps in the older cohort. The explanatory power of education and skills to the racial gaps in the younger cohort is robust to conditioning on family and neighborhood, but in the older cohort, the order of the decomposition matters. Second, while Blacks in the older cohort were later able to close the racial gaps in the school-to-work transition, these gaps continued to have a persistent effect on racial gaps in economic outcomes for the younger cohort. Third, for both cohorts, the explanatory power of childhood neighborhoods, at least at levels observed in the NLSY data, is small or negligible conditional on racial differences in family background and individual skills.
Sai Luo is an Assistant Professor at Shanghai University of Finance and Economics (SUFE), School of Economics. His research interests are labor economics, development economics and applied microeconometrics. Sai Luo's research uses microdata in the United States, China and other developing countries to study various aspects of the labor market, including human capital, micro-enterprises, and income inequality. Before joining SUFE, he obtained his PhD in economics from the University of Maryland.