- Study ties black-white wealth gap to stubborn disparities in real estate, By Michael Fletcher, February 26, 2013, Washington Post: “The large and growing wealth gap separating white and black families is the product of stubborn barriers that disproportionately consign African Americans to less-valuable real estate and lower-paying jobs, according to a new study. A long-term examination of the financial lives of black and white Americans revealed that African Americans typically face a subtle but persistent opportunity gap that has served to widen financial disparities remaining from a long history of overt discrimination, according to a report to be released Wednesday by Brandeis University’s Institute on Assets and Social Policy…”
- Study shows racial wealth gap continues to widen, By Christine Dugas, February 27, 2013, USA Today: “Years after the civil rights movement, racial inequality continues to deepen. The wealth gap between white and African-American families has nearly tripled over 25 years, according to a study released today by the Institute on Assets and Social Policy at Brandeis University. Although African-American family income has increased over time, white families have accumulated much more wealth. By tracking families, the study found that the gap between white and African-American family wealth increased from $85,070 in 1984 to $236,500 in 2009…”
Tag: Economic inequality
Inequality and the Family
Economic Inequality and the Changing Family, By Jason DeParle, July 14, 2012, New York Times: “As my article this weekend about two families in Ann Arbor, Mich., points out, the widening in many measures of inequality can be traced in part to changes in marriage patterns, rather than just changes in individual earnings. A number of scholars have looked at the varied dimensions of this thesis — growing inequality, changes in family structure, and the connection between the two. Here is a look at some of their findings. On inequality: An interesting pattern over the last four decades is that inequality has grown much faster for households with children than it has for households over all — an indication that changes in family structure (as opposed to wages and employment alone) have increased inequality. Bruce Western and Tracey Shollenberger of the Harvard sociology department compared households at the 90th percentile and the 10th percentile. In 1970, the top households had 8.9 times the income of the bottom. By 2011 they had nearly 11.7 times as much. . .”