Recessions During Young Adulthood and Racial Income Inequality
When recessions occur, minority and younger workers experience the most significant impacts. Smythe will study how recessions experienced during young adulthood affect future educational and labor market outcomes and the resulting impact on long-run racial inequality. Using county-level/local area data linked with the National Longitudinal Survey of Youth 1979 surveys, she will document the role recessions play in perpetuating racial economic inequality and the long-term effects of persistent racial differences in the economic opportunities of youths.