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Title: Wealth, Mobility and Race: A Longitudinal Study of U.S. Young Baby Boomers
Resulting in 1 citation.
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Zagorsky, Jay L. |
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Wealth, Mobility and Race: A Longitudinal Study of U.S. Young Baby Boomers Blithewood Annandale-on-the-Hudson, NY, "Economic Mobility in America and Other Advanced Countries", Levy Economics Institute Conference, October 2002. Also: http://www.levy.org/mobility/papers/ses5_10.pdf Cohort(s): NLSY79 Publisher: Levy Economics Institute Keyword(s): Ethnic Differences; Hispanics; Mobility; Mobility, Economic; Racial Differences; Wealth Permission to reprint the abstract has not been received from the publisher. Wealth in the U.S. is highly correlated with status, power, health and many other socio-economic outcomes. Wealth and its associated benefits, however, are distributed quite unevenly throughout society, with U.S. wealth data exhibiting sharp racial and ethnic differences. In national data black families hold the least wealth, Hispanic families rank in the middle, while whites and Asians hold the most... Overall, most young baby boomers have experienced tremendous wealth mobility during the early part of their working lives. Compared to whites, blacks and Hispanics accumulate lower net worth because they start at lower wealth levels and experience less upward and more downward mobility over time. |
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Bibliography Citation
Zagorsky, Jay L. "Wealth, Mobility and Race: A Longitudinal Study of U.S. Young Baby Boomers." Blithewood Annandale-on-the-Hudson, NY, "Economic Mobility in America and Other Advanced Countries", Levy Economics Institute Conference, October 2002. |