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The Racial Wealth Gap Increases Fourfold
Journal article   Open access

The Racial Wealth Gap Increases Fourfold

Thomas M. Shapiro, Tatjana Meschede and Laura Sullivan
05/2010

Abstract

Racial Wealth Gap Economic Analysis Personal Finance
New evidence reveals that the wealth gap between white and AfricanͲAmerican families has more than quadrupled over the course of a generation. Using economic data collected from the same set of families over 23 years (1984-2007), we find that the real wealth gains and losses of families over that time period demonstrate the stampede toward an escalating racial wealth gap.This report is the first in a series that audits the growth of the racial wealth gap over the past generation.
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