Tag: racial wealth gap
The insurance enhances Social Security’s role of offsetting Black/White inequality. My colleagues have just completed a really interesting study pertaining to the progressivity of Social Security. The usual story focuses on money’s worth, highlighting the offsetting effect of two factors. On the one hand, Social Security helps Black individuals and those with less education –…
We have been looking at the importance of wills in the transfer of wealth from one generation to another. Our most recent study, using data from the Health and Retirement Study (HRS), looks at the extent to which receiving an inheritance increases the likelihood of planning to leave a bequest and having a will, and…