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other sources, this paper presents seven economic facts about the racial wealth gap in the U.S. We present data on racial … between Black households and White households. While none of the economic factors listed fully explains the racial wealth gap …, each factor, along with a history of racism and discrimination has contributed to the extreme wealth inequality in America …
Persistent link: https://www.econbiz.de/10013279332
This scholarly research endeavors to investigate the intricate interplay between labor and non-labor income and its contribution to the disparity of income across various states in the United States. The paper employs an analytical approach, utilizing an array of data and sophisticated...
Persistent link: https://www.econbiz.de/10014261880
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Bekanntlich sind auf der Welt nur zwei Dinge sicher: der Tod und die Steuern. Allerdings scheint Benjamin Franklins … gerechtere Abgabensysteme in einer globalisierten Welt. Wir müssen verhindern, so die renommierten Ungleichheitsforscher, dass …
Persistent link: https://www.econbiz.de/10012116299
driving the US business cycle. The estimated shocks, however, have significantly contributed to the evolution of US wealth and …
Persistent link: https://www.econbiz.de/10012162730
light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …
Persistent link: https://www.econbiz.de/10015066903
I find here that the early 2000s witnessed both exploding debt and the middle-class squeeze. While median wealth grew … as during the previous two decades. The racial and ethnic disparity in wealth holdings, after stabilizing during most of … the 1990s, widened in the years between 1998 and 2001, but then narrowed during the early 2000s. Wealth also shifted in …
Persistent link: https://www.econbiz.de/10003727029
-class squeeze.” Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth …-type assets generally remained as high in 2007 as during the previous two decades. The racial and ethnic disparity in wealth … the early and mid-aughts. Wealth also shifted in relative terms, away from young households (particularly those under age …
Persistent link: https://www.econbiz.de/10003943163
US household wealth concentration is not likely to decline in response to fiscal interventions alone. Creation of an … independent public wealth fund could lead to greater equality. Similarly, once-off tax/transfer packages or wage increases will …
Persistent link: https://www.econbiz.de/10013014526