At the Intersection of Race, Occupational Status, and Middle-Class Attainment in Young Adulthood

Fenaba R. Addo

AEA Papers and Proceedings, 2022, vol. 112, 48-52

Abstract: Using data from the National Longitudinal Study of Youth 1997 cohort, the study explores the intersection of labor force attachment and economic inequality. Using a wealth-based definition of middle-class status, changes in wealth inequality among the working and managerial class are examined. Results indicate that Black and Latinx young adults are disproportionately working class and that racialized identity is a stronger predictor of wealth attainment than occupational classifications among Black young adults. Wealth differentials by race are not static; they are growing over time, with downward mobility and lower growth experienced by both Black working and managerial class young adults.

JEL-codes: D31 J13 J15 J62 (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.aeaweb.org/doi/10.1257/pandp.20221017 (application/pdf)
https://www.aeaweb.org/doi/10.1257/pandp.20221017.ds (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aea:apandp:v:112:y:2022:p:48-52

Ordering information: This journal article can be ordered from
https://www.aeaweb.org/subscribe.html

DOI: 10.1257/pandp.20221017

Access Statistics for this article

AEA Papers and Proceedings is currently edited by William Johnson and Kelly Markel

More articles in AEA Papers and Proceedings from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().