Supplementary data for: Analytic Approaches to Measuring the Black-White Wealth Gap

Name: Supplementary data for: Analytic Approaches to Measuring the Black-White Wealth Gap
Published: 2025-01-13
License: This work is licensed under an Other license created by the PSID, namely that you agree not to redistribute data or other materials without the written agreement of ICPSR, unless: 1. You serve as the OFFICIAL or DESIGNATED REPRESENTATIVE at an ICPSR MEMBER INSTITUTION and are assisting AUTHORIZED USERS with obtaining data, or 2. You are collaborating with other AUTHORIZED USERS to analyze the data for research or instructional purposes.

Principal Investigator(s): View help for Principal Investigator(s) Jermaine Toney, Rutgers, The State University of New Jersey; Fenaba R. Addo, University of North Carolina-Chapel Hill; Darrick Hamilton, The New School

Version: View help for Version V1

Name	File Type	Size	Last Modified
20132015PSID.dta	application/x-stata-dta	1.2 MB	01/13/2025 07:19:AM
2019PSID.dta	application/x-stata-dta	656.1 KB	01/13/2025 06:58:AM

Project Citation:

Toney, Jermaine, Addo, Fenaba R. , and Hamilton, Darrick . Supplementary data for: Analytic Approaches to Measuring the Black-White Wealth Gap. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2025-01-13. https://doi.org/10.3886/E215384V1

Project Description

Summary: Does the measurement of the racial wealth gap shift depending on the model, method, and data set used? We contrast the traditional mean Oaxaca-Blinder decomposition with the distributional Recentered Influence Function (RIF) methods. The untransformed, logarithm-transformed, and inverse hyperbolic sine-transformed versions in both Survey of Consumer Finances and Panel Study of Income Dynamics data sets exhibit similarities. The Oaxaca-Blinder (mean) decomposition highlights that receiving an inheritance explains a larger portion of the racial wealth gap than educational attainment. Conversely, the RIF method at the median suggests that educational attainment accounts for more of the wealth gap than inheritance receipt.

Scope of Project

Subject Terms: race; wealth; inequality; measurement; oaxaca-blinder; RIF decomposition

Time Period(s): 2013 – 2019

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V1 [2025-01-13]

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