Reparations and Persistent Racial Wealth Gaps
收藏NBER2021-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28468
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资源简介：
We analyze the magnitude and persistence of the racial wealth gap using a long-run model of heterogeneous dynasties with an occupational choice and bequests. Our innovation is to introduce endogenous beliefs about risky returns, reflecting differences in dynasties' investment experiences over time.
提供机构：
美国国家经济研究局
创建时间：
2021-02-01
