In the U.S., the average Black and Hispanic or Latino household owns about 15% to 20% as much net wealth as the average white household. An in-depth understanding of the barriers to wealth accumulation among people of color is an…
The Health and Retirement Study (HRS) is the primary data set in the U.S. for the study of the well-being of the older population. A common indicator of material hardship used in research and in the administration of various government…
Drawing on Health and Retirement Study data collected in 2021, we will examine racial differences in the COVID-19 pandemic’s consequences on financial security. We hypothesize that, relative to their white counterparts, Black and Hispanic older workers were more likely to…