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Permanent Income and the Black-White Test Score Gap
Permanent Income Black-White Test Score Gap
2016/3/9
Analysts often examine the black-white test score gap conditional on current family income. We describe a method for identifying the gap conditional on the family’s permanent income. Current income ex...
The Role of Permanent Income and Demographics in Black/White Differences in Wealth
Permanent Income Demographics Black/White Differences Wealth
2016/3/4
We explore the extent to which the large race gap in wealth can be explained with properly constructed income and demographic variables. In some instances we explain the entire wealth gap with income ...