Distributional Effects of Monetary and Fiscal Policy

Impacts on Unemployment Rates Disaggregated By Race and Gender

Bibliographic Data

ID2806474
AuthorsJohn D Abell (Randolph College, corresponding author)
Year1991
Volume50
Issue3
Pages269-284
Publication date1991-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Journal of Economics and Sociology (JOURNAL)
Journal identifiersISSN: 0002-9246 • E-ISSN: 1536-7150
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.1991.tb02294.x
OpenAlexW2117882621
LanguageEN
Citations received5
References cited19

The use of vectorautoregression techniques provides empirical verification that monetary and fiscal policies do not have equal impacts on unemployment rates disaggregated by race and gender. In general, it was found that white males benefited from macro-policies more than any other category. However, black females were also shown to benefit significantly. Results were reported from both the 1970s and 1980s and indicate that these differential unemployment rate responses became magnified during the 1980s. The results for white males are consistent with a number of theories that have been offered by several writers, but the results for black females might seem, at first, to be difficult to explain. However, a close inspection of educational attainment scotes for black women over recent decades reveals a potential source of this finding

Demographic economics · Differential (mechanical device) · Economic growth · Economics · Educational attainment · Macro · Macroeconomics · Race (biology) · Sociology · Unemployment · Unemployment rate · White (mutation) · Fiscal Policies and Political Economy · Fiscal Policy and Economic Growth · Monetary Policy and Economic Impact

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