Graduation Year
2021
Date of Submission
11-2020
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Serkan Ozbeklik
Abstract
Past research on economic recession has identified a disproportionate effect on minority races. Using the fraction of minority population and the Herfindahl-Hirschman Index (HHI) to measure minority concentration, I will analyze changes in unemployment rates and median household income during the 2008 Great Recession. Regression analysis provides evidence of the negative effects of recession on unemployment and household income when observing some of America’s most racially concentrated counties. This research contributes to existing literature by focusing on the effects of recession at the county level as well as looking specifically at racially concentrated communities. Findings suggest that highly concentrated minority communities experience greater increases in unemployment and decreases in median household income during recession when compared to predominantly white communities.
Recommended Citation
Takeyama, Ethan, "The Disproportionate Effect of Economic Crisis on Minority Communities" (2021). CMC Senior Theses. 2539.
https://scholarship.claremont.edu/cmc_theses/2539
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
