Does a Rising Tide Lift All Ships? Comparisons between China and the USA

14 Pages Posted: 13 Mar 2012

See all articles by Samuel Myers

Samuel Myers

University of Minnesota - Twin Cities - Hubert H. Humphrey Institute of Public Affairs

Date Written: October 13, 2011

Abstract

This paper sketches the broad experience of black-white earnings disparities in the United States over the course of the business cycle, comparing them to disparities between urban minorities and Han in China. The patterns differ between the USA and China, warranting a more detailed look at the dynamics of racial earnings inequality in the USA. We present a model of earnings disparities and estimate the impacts of fluctuations in state unemployment on black-white earnings gaps. Our findings are not consistent with the view that “a rising tide lifts all ships” as it relates to racial/ethnic inequality in the USA.

Keywords: earnings, disparities, race, inequality, unemployment

JEL Classification: J15

Suggested Citation

Myers, Samuel, Does a Rising Tide Lift All Ships? Comparisons between China and the USA (October 13, 2011). Available at SSRN: https://ssrn.com/abstract=2020513 or http://dx.doi.org/10.2139/ssrn.2020513

Samuel Myers (Contact Author)

University of Minnesota - Twin Cities - Hubert H. Humphrey Institute of Public Affairs ( email )

301 19th Ave S
Minneapolis, MN 55455
United States

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