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DTSTAMP:20250928T205214Z
DESCRIPTION:'The Long Road to Equality: Racial Capital and Generational Con
 vergence'\n\nPat Bayer (Duke)\n	with Kerwin Kofi Charles and JoonYup Park\n
 \nOctober 7\, 2022\, 3:30 to 5:00 PM\n	Leacock 429\n\nHost: Nicolas Gendron
 -Carrier\n	Field: Applied\n\nAbstract:\n	We develop a theoretical framework 
 in which segregation\, discrimination\, and other racialized processes mak
 e intergenerational mobility a function of the capital available to one’s 
 broader racial/ethnic group. We show that racial capital systematically sl
 ows the speed of generational convergence for historically unequal groups 
 and that\, for any particular racial group\, its impact is directly relate
 d to the social salience of race in society. We estimate empirical models 
 of intergenerational mobility using data from Opportunity Insights and the
  NLSY for Asian\, Black\, Hispanic\, and white children born around 1980. 
 Racial capital at the neighborhood and\, especially\, the metropolitan are
 a levels has a substantial role in explaining Black-white education\, inco
 me\, and employment gaps. It matters about half as much for Hispanic-white
  differences and very little for Asian-white differences. The inclusion of
  racial capital in the model sharply closes\, and in many cases reverses\,
  the Black-white and Hispanic-white intergenerational mobility gaps docume
 nted in Chetty et al. (2020). These results imply that (i) observed racial
  outcome gaps are largely a function of historical inequities in available
  capital (more broadly construed here to include neighborhood/metro racial
  capital in addition to one’s own parents) and (ii) racial capital – and\,
  more fundamentally\, the continued social salience of race – plays a cruc
 ial role in explaining the historically slow speed of convergence to Black
 -white equality in the United States.\n\n \n
DTSTART:20221007T193000Z
DTEND:20221007T210000Z
LOCATION:Room 429\, Leacock Building\, CA\, QC\, Montreal\, H3A 2T7\, 855 r
 ue Sherbrooke Ouest
SUMMARY:Pat Bayer (Duke)\, 'The Long Road to Equality: Racial Capital and G
 enerational Convergence'
URL:/economics/channels/event/pat-bayer-duke-long-road
 -equality-racial-capital-and-generational-convergence-340400
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