Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860–2020

The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this article, we construct the first continuous series on white-to-Black per capita wealth ratios from...

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Bibliographic Details
Published in:The Quarterly journal of economics 2024-05, Vol.139 (2), p.693-750
Main Authors: Derenoncourt, Ellora, Kim, Chi Hyun, Kuhn, Moritz, Schularick, Moritz
Format: Article
Language:English
Subjects:
Accumulation
Capital gains
Censuses
Convergence
Economics and Finance
Emancipation
Households
Humanities and Social Sciences
Income
Income inequality
Racial differences
Savings
Slavery
Wealth
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