Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...

How do social group boundaries evolve? Does the appearance of a new outgroup change the ingroup's perceptions of other outgroups? We introduce a conceptual framework of context-dependent categorization, in which exposure to one minority leads to recategorization of other minorities as in- or...

How do social group boundaries evolve? Does the appearance of a new out-group change the in-group's perceptions of other out-groups? We introduce a conceptual framework of context-dependent categorization, in which exposure to one minority leads to recategorization of other minorities when the...

The wage gap between African-Americans and white Americans is substantial in the US and has slightly narrowed over the past 30 years. Today, blacks have almost achieved the same educational level as whites. There is reason to believe that discrimination driven by prejudice plays a part in...

The distribution of economic education among US college graduates is quite unequal: female and underrepresented minority undergraduates, collectively, major in economics at 0.36 the rate that white, non-Hispanic male students do. This paper makes a four-part contribution to address this...