论文标题
货币政策和种族工资差距
Monetary policy and the racial wage gap
论文作者
论文摘要
本文旨在阐明货币政策冲击与工资不平等之间的关系。我们强调工资群体不平等与解释美国总工资不平等的相关性。我们的分析依靠2000 - 2020年期间的季度数据表明，种族差异解释了观察到的总工资不平等的12 \％。随后，我们研究了货币政策在工资不平等中的作用。我们没有发现令人信服的证据表明，货币政策在加剧种族工资差距方面起着作用。但是，有证据表明，适应性的货币政策在小组工资不平等之间的放大方面起着作用，但影响发生在2008年之后。
This paper aims to clarify the relationship between monetary policy shocks and wage inequality. We emphasize the relevance of within and between wage group inequalities in explaining total wage inequality in the United States. Relying on the quarterly data for the period 2000-2020, our analysis shows that racial disparities explain 12\% of observed total wage inequality. Subsequently, we examine the role of monetary policy in wage inequality. We do not find compelling evidence that shows that monetary policy plays a role in exacerbating the racial wage gap. However, there is evidence that accommodative monetary policy plays a role in magnifying between group wage inequalities but the impact occurs after 2008.
