HOME OWNERSHIP AND THE WEALTH POSITION OF BLACK AND WHITE AMERICANS*
作者:
Howard Birnbaum,
Rafael Weston,
期刊:
Review of Income and Wealth
(WILEY Available online 1974)
卷期:
Volume 20,
issue 1
页码: 103-118
ISSN:0034-6586
年代: 1974
DOI:10.1111/j.1475-4991.1974.tb00911.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
This paper examines the wealth position of blacks relative to whites, on the basis of data in the Survey of Economic Opportunity. The analysis indicates that at the same levels of both income and wealth blacks consistently invest more in consumer durables, especially housing, than do whites. The paper then explores possible explanations for this finding, suggesting that these investment differences are not solely due to the income and wealth position of blacks, but may be due to a smaller set of investment opportunities institutionally fostered by discriminatory forces.
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