African-American Economic Progress in Urban Areas: A Tale of 14 American Cities
Federal Reserve Bank of St. Louis Working Paper No. 2010-015A
52 Pages Posted: 14 Jun 2010
Date Written: June 14, 2010
How significant was the economic progress of African-Americans in the U.S. between 1970 and 2000? In this paper we examine this issue for black men 25-55 years old who live in 14 large U.S. metropolitan areas. We present the evidence that significant racial disparities remain in education and labor market outcomes of black and white men. We discuss changes in industrial composition, migration, and demographic changes that might have contributed to the stagnation of economic progress of black men between 1970 and 2000. In addition, we show that there was no progress in a financial well-being of black children, relative to white children, between 1970 and 2000.
Keywords: Black Economic Progress, Black-White Economic Convergence, Inequality
JEL Classification: J15, J31, J71, R23
Suggested Citation: Suggested Citation