Setting the Record Straight on Racial Wealth Inequality-Reference-Cited by-同舟云学术

Setting the Record Straight on Racial Wealth Inequality

Published:2024-05-01 Issue: Volume:114 Page:169-173
ISSN:2574-0768
Container-title:AEA Papers and Proceedings
language:en
Short-container-title:AEA Papers and Proceedings

Author:

Addo Fenaba R.¹,Darity William A.²,Myers Samuel L.³

Affiliation:

1. University of North Carolina at Chapel Hill (email: )

2. Duke University (email: )

3. University of Minnesota (email: ).

Abstract

The racial wealth gap in the United States is the object of much misrepresentation and misunderstanding. Our paper is intended to provide a corrective. We will address how the mainstream economic view of the drivers of racial disparities in wealth is a human capital view that promotes anti-Black and personal responsibility narratives while ignoring the significance of the racially uneven transmission of resources across generations. It also fails to acknowledge the cumulative impact of US racial history on present wealth gaps.

Publisher

American Economic Association

Link

https://pubs.aeaweb.org/doi/pdf/10.1257/pandp.20241102

Reference14 articles.

1. Aliprantis, Dionissi, Daniel R. Carroll, and Eric R. Young. 2022. "The Dynamics of the Racial Wealth Gap." Federal Reserve Bank of Cleveland Working Paper 19-18R.

2. Brown, Dorothy A. 2021. The Whiteness of Wealth: How the Tax System Impoverishes Black Americans-and How We Can Fix It. New York: Crown.

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