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This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that—unlike the racial wealth gap—Mexican Americans’ wealth disadvantage is in large...
The Role of Permanent Income and Demographics in Black/White Differences in Wealth
Permanent Income Demographics Black/White Differences Wealth
2016/3/4
We explore the extent to which the large race gap in wealth can be explained with properly constructed income and demographic variables. In some instances we explain the entire wealth gap with income ...
Racial Differences in Patterns of Wealth Accumulation
Racial Differences Patterns Wealth Accumulation
2016/3/4
Making use of PSID data for 1984, 1989, and 1994, we examine race differences in patterns of asset accumulation. Our results indicate, as expected, that inheritances raise the rate of wealth accumulat...
A positive relationship between socioeconomic status and health has been observed over many populations and many time periods. One of the factors mediating this relation is the institutional environme...