Challenge

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Race and the Accumulation of Wealth

Consistent with the cumulative effects of discrimination model, the African American-White wealth gap increases over the life course for each historical period.
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Nature and Context

Racial differences in wealth accumulation over the life course exist. We need to examine (1) How have racial differences in wealth changed over time? (2) Do racial wealth gaps change over the life course? (3) Are racial gaps in net worth expanding, contracting, or staying the same over time and over the life course? and (4) Do these patterns differ by cohort?

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