Cited by 70Income, Poverty, and InequalityFinancial Literacy, Pension, Retirement AnalysisIntergenerational and Educational Inequality Studies

Wealth Inequality and the Racial Wealth Gap

Open access
Aladangady, Aditya, Forde, Akila·2021·FEDS Notes

Abstract

In the United States, the average Black and Hispanic or Latino households earn about half as much as the average White household and own only about 15 to 20 percent as much net wealth. As we see in Figure 1 below, this wealth gap has widened notably over the past few decades.

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Crossref · 10.17016/2380-7172.2861

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Authors
Aladangady, A., & Forde, A.
Affiliations
  • Federal Reserve (US)
  • University of Chicago (US)
Venue
FEDS Notes
Published
2021-10
Volume
2021.0
Issue
2861
ISSN
2380-7172 (ISSN-L)
OpenAlex
W3211249141
Cited by
70
References
18
Citations by year
2026: 7 · 2025: 21 · 2024: 20 · 2023: 16 · 2022: 5 · 2020: 1
FWCI
14.20
Type
journal article
Language
en
Open access
Locations
  • FEDS Notes (publishedVersion, public-domain)
  • RePEc: Research Papers in Economics (submittedVersion)
Topics
  • Social Sciences › Sociology and Political Science › Income, Poverty, and Inequality
  • Social Sciences › Business, Management and Accounting › Accounting › Financial Literacy, Pension, Retirement Analysis
  • Social Sciences › Sociology and Political Science › Intergenerational and Educational Inequality Studies
Keywords
wealth inequality, racial wealth gap, Black households, Latino families, household net wealth, income inequality

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