The Real State Of Family Wealth: Will COVID-19 Worsen Racial, Educational And Generational Gaps In The U.S.?
from the St Louis Fed
– this post authored by Ana Hernflndez Kent, Policy Analyst, Center for Household Financial Stability; Lowell R. Ricketts, Lead Analyst, Center for Household Financial Stability; William R. Emmons, Economist and Assistant Vice President, St. Louis Fed; and Ray Boshara, Director, Center for Household Financial Stability
Our team at the St. Louis Fed’s Center for Household Financial Stability presents an early look at how the COVID-19 pandemic has impacted average real (i.e., inflation-adjusted) family wealth and wealth inequality in the U.S. As part of this assessment, we track quarterly wealth trends from 1989 to the second quarter of 2020 using data from the Federal Reserve Board’s Distributional Financial Accounts (DFAs).
Source: http://econintersect.com/pages/contributors/contributor.php?post=202012050525
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