RB5_8-Race-Differences-in-Physicians-Annual-Incomes
Race is a social construct. Although the median wealth of a White family is 10 times the median wealth of a Black
family, race should be less of a determinant of earnings, a proxy for wealth, in professional occupations such as
physicians where demand for services outstrip supply by many folds. This argument was empirically tested using microdata
from the ACS, 2018 and 2021. Results suggest that Illinois has a diverse healthcare workforce and demographics such as
race and place of work do not impact physician earnings.