The Role of Permanent Income and Demographics in Black/White Differences in Wealth.

We explore the extent to which the large 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 typi...

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Detalles Bibliográficos
Publicado en:Journal of Human Resources Vol. 40; no. 1; pp. 1 - 31
Autores principales: Altonji, Joseph G., Doraszelski, Ulrich
Formato: Artículo
Publicado: University of Wisconsin Press Winter2005
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Acceso en línea:Ver este registro en EBSCOhost