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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...
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of cash. Recent evidence suggests inheritance-related work disincentives can be strong - unexpected inheritances can …
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This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information …
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differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A … the results of studies that assess the contributions of inheritance and lifecycle factors, and give attention also to a …
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