What Is Behind The Persistence Of The Racial Wealth Gap?
from the Cleveland Fed
– this post authored by Dionissi Aliprantis, Senior Research Economist
Most studies of the persistent gap in wealth between whites and blacks have investigated the large gap in income earned by the two groups. Those studies generally concluded that the wealth gap was “too big” to be explained by differences in income. We study the issue using a different approach, capturing the dynamics of wealth accumulation over time.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201903190528
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