The Impact of Economic Freedom on the Black/White Income Gap

Authors

Daniel Giedeman, Grand Valley State UniversityFollow
Gary Hoover, University of Alabama, Birmingham
Ryan Compton, University of Manitoba

Department

Economics Department

College

Seidman College of Business

Date Range

2014-2015

Disciplines

Business

Abstract

Using state-level data from 1980-2010 we examine whether economic freedom, as measured by the Economic Freedom of North America Index, has had any impact in increasing or decreasing the ratio of median income for black households to the median income of white households. To our knowledge, there has been no research, on racial income disparities and the role that economic freedom might have in alleviating or exacerbating the problem. We find evidence that economic freedom has increased the racial income ratio.

Conference Name

Allied Social Science Association 2015 Meetings

Conference Location

Boston, MA, USA

ScholarWorks Citation

Giedeman, Daniel; Hoover, Gary; and Compton, Ryan, "The Impact of Economic Freedom on the Black/White Income Gap" (2015). Faculty Scholarly Dissemination Grants. 600.
https://scholarworks.gvsu.edu/fsdg/600