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Tag Archives: inheritance
Institutional Policies and Practices not Personal Ambition Linked to White/Black Wealth Gap
A new study, “The Roots of the Widening Racial Wealth Gap: Explaining the Black-White Economic Divide,” by the Institute on Assets and Social Policy (IASP) at Brandeis University demonstrates the ever increasing household wealth gap along racial demographics cannot soley … Continue reading
Posted in Economy, Government, Higher Education, Income Distribution, Inequality, Secondary Education, Socio-economic Status, Wealth
Tagged ambition, blacks, education, homeownership, household income, inequality, inheritance, institutional policies, race, socio-economc status, wealth gap, whites
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The Causes of Income Inequality
Numerous scholars have identified various factors associated with growing levels of income inequality. This is a summary of some, not all, of the more prevalent evidence-based studies. Stock Market, Rise of Financial Sector and Finance Driven Technology Boom. Galbraith (2012) places a … Continue reading
Posted in Economy, Income Distribution, Inequality, Socio-economic Status, Taxes, Wealth
Tagged capital gains, decline of unions, dividends, financial sector, foreign trade, Galbraith, income distribution, income inequality, inheritance, marginal tax rates, Piketty, Saez, stock market, technology boom, wages
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Inheritance of Wealth
Given growing inequality in America it is often assumed that inheritance is an exacerbating causal factor. What does the evidence on inheritance reveal? A study by Wolff and Gittleman (2010) provide some interesting findings: “From 1989 to 2007, 21 percent … Continue reading
Posted in Economy, Income Distribution, Inequality, Wealth
Tagged inequality, inheritance, wealth, wealth transfer
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