Unequal Degrees of Affluence: Racial and Ethnic Wealth Differences across Education Levels

William Emmons and Lowell Ricketts

The Regional Economist, 2016, issue October

Abstract: Family wealth generally increases with education. But new research shows that race and ethnicity can greatly affect the relative payoff. There?s a gap?sometimes wide?between the wealth of Hispanics and African-Americans and the wealth of whites and Asians at every education level, from those with only a high school diploma to those with an advanced degree.

Date: 2016
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