Derenoncourt, Ellora; Kim, Chi Hyun; Kuhn, Moritz; … - National Bureau of Economic Research - 2022
, racial wealth convergence would remain a distant scenario, even if wealth-accumulating conditions had been equal across the … two groups since Emancipation. Relative to this equal-conditions benchmark, we find that observed convergence has followed … an even slower path over the last 150 years, with convergence stalling after 1950. Since the 1980s, the wealth gap has …