The Impact of Economic Conditions During Young-Adulthood on Racial Differences in Human Capital Outcomes
Early Career Research Award
Recessions occur frequently in the United States. When recessions occur, young and minority workers are hardest hit. There is little evidence on the eﬀects of a poor economy on the human capital outcomes of these workers. Using data from the NLSY surveys and access to the geocode data, I will exploit the variation in the eﬀects of recessions on local labor markets to estimate the eﬀects of economic opportunities during young adulthood on human capital formation of diﬀerent racial groups. This study will not only document the eﬀect of a poor economy on minority youths, but will also give broader insights into the impact of persistent diﬀerences in access to opportunities during young adulthood on human capital inequality in the labor market.