Arbeitspapier
Life-cycle inequality: The black and white differential
With 20 years of PSID data, we document persistent racial differentials in life-cycle consumption dynamics. Starting from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income, and wealth are three key drivers of these different dynamics. Blacks tend to save less, and hence have less buffer than the Whites to prevent them from falling in the lower part of the consumption distribution.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Papers ; No. 23-01
- Klassifikation
-
Wirtschaft
Macroeconomics: Consumption; Saving; Wealth
Consumer Economics: Empirical Analysis
- Thema
-
Consumption
Income
Savings
Inequality
Persistence
Life-Cycle
- Ereignis
-
Geistige Schöpfung
- (wer)
-
De Giorgi, Giacomo
Gambetti, Luca
Naguib, Costanza
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Bern, Department of Economics
- (wo)
-
Bern
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- De Giorgi, Giacomo
- Gambetti, Luca
- Naguib, Costanza
- University of Bern, Department of Economics
Entstanden
- 2023
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