from Jordà et al. (2019) we construct two alternate series for household rates of return by race from 1989 to 2016. Our …-Blinder decompositions indicate that differential rates of return may explain up to 50% of the racial wealth gap. Finally, our data on … differential rates of return allow us to effectively rule out explanations for the racial wealth gap based on myopia or excessive …

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 …

from Jordà et al. (2019) we construct two alternative series for household rates of return by race from 1989 to 2016. Our … suggests that differential rates of return can explain up to 14% of the racial wealth gap at the mean. Finally, our data on … differential rates of return allow us to effectively rule out explanations for the racial wealth gap based on myopia or excessive …

more than 15,000 households interviewed during the 1860 federal census exhibit sharp differences in wealth holdings between … between wealth and the recorded household characteristics, and decompose the wealth gaps into treatment and characteristic … effects. In addition to higher wealth holdings of white households as compared to free African-Americans in general, there are …

Racial differences in the receipt of financial inheritances help to explain why the average difference in wealth … receiving an inheritance than black households. Controlling for other factors which contribute to racial differences in wealth …-white household wealth …

racial differences in the magnitude and composition of wealth and the reasons for them. On average, young black families hold … 18 percent of the wealth of young white families, and hold their wealth in proportionately different forms. Even after … controlling for racial differences in income and other demographic factors, as much as three-quarters of the wealth gap remains …

We explore the extent to which the huge race gap in wealth can be explained with properly constructed income and … demographic variables. In some instances we explain the entire wealth gap with income and demographics provided that we estimate … the wealth model on a sample of whites. However, we typically explain a much smaller fraction when we estimate the wealth …

roughly two-thirds of the overall wealth gap …