have not applied for loans, as seen in national data sets measuring wealth and expenditures. Contrary to conventional … and highest wealth levels. The authors contend that the observed differences in the bad credit rates between Blacks and … Whites in the middle wealth range are attributable to different treatment of Blacks and Whites in credit markets …

in wealth …

In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey … of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … Sabelhaus and Volz (2020). Including this important asset, we find that racial wealth disparities are smaller than the numbers …

We reconcile the large and persistent racial wealth gap with the smaller racial earnings gap, using a general … equilibrium heterogeneous-agents model that matches racial differences in earnings, wealth, bequests, and returns to savings …. Given initial racial wealth inequality in 1962, our model attributes the slow convergence of the racial wealth gap primarily …

The widening wealth gap in the United States is a worrisome sign that millions of families nationwide do not have … enough in assets to offer better opportunities for future generations. Wealth allows families to make investments in homes … of Color (NASCC) survey, we report that, when analyzed by race, wealth accumulation is vastly unequal. By means of the …

reveal a complexion gap in wealth accumulation. Mulattoes acquired more property than blacks, particularly at the upper end … of the wealth distribution. Thus, an analysis of data included in the 1860 census implies a complex social hierarchy … based on subtle gradations in skin color. At the upper end of the wealth distribution, light-complected mulattoes …

reveal a complexion gap in wealth accumulation. Mulattoes acquired more property than blacks, particularly at the upper end … of the wealth distribution. Thus, an analysis of data included in the 1860 census implies a complex social hierarchy … based on subtle gradations in skin color. At the upper end of the wealth distribution, light-complected mulattoes …