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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 …
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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 … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …
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in wealth? Using the Panel Study of Income Dynamics, this study examines private transfers by race and ethnicity and … explores a causal relationship between private transfers and wealth. We examine private transfers in the form of financial …
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This paper investigates the persistent racial disparities in homeownership and wealth creation in Milwaukee. Despite …, contributing to wealth inequalities. We develop a Wealth Creation Index that highlights pronounced racial/ethnic disparities in … wealth accumulation. The study identifies additional factors such as crime rates, proximity to quality schools, and lot size …
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