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 … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …

Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to … rebound. However, 2007 still remains the watershed year, and median wealth was down 20.4 percent relative to 2007, though mean … wealth more than fully recovered. There was a modest remission in wealth inequality, with the share of the top one percent …