Data and code for: Root Causes of the Racial Wealth Gap: A Critique of the Fed View
Principal Investigator(s): View help for Principal Investigator(s) William A. Darity Jr., Duke University; Stephan Lefebvre, Bucknell University
Version: View help for Version V1
| Name | File Type | Size | Last Modified |
|---|---|---|---|
| Darity_Lefebvre 2025 AEAPP | 06/10/2025 02:25:PM |
Project Citation:
Darity Jr., William A. , and Lefebvre, Stephan. Data and code for: Root Causes of the Racial Wealth Gap: A Critique of the Fed View. Nashville, TN: American Economic Association [publisher], 2025. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2025-06-10. https://doi.org/10.3886/E230541V1
Project Description
Summary:
View help for Summary
In this paper, we address what has been termed “the Fed view,” the Federal Reserve’s model for black-white wealth inequality, articulated in a series of mutually consistent papers making two arguments. First, the Fed view has it that the black-white wealth gap, when measured with an “expanded wealth concept,” is smaller than previously thought. Second, the Fed view has it that the black-white wealth gap is primarily explained by income differences shaped by personal decisions around human capital acquisition, family structure, risk taking, and the legacy of residential segregation.
Funding Sources:
View help for Funding Sources
Robert Wood Johnson Foundation
Scope of Project
Subject Terms:
View help for Subject Terms
Racial wealth gap;
Stratification economics
JEL Classification:
View help for JEL Classification
J15 Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
J15 Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
Geographic Coverage:
View help for Geographic Coverage
United States
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.