The US Racial Wealth Gap and the Implications for Financial Inclusion and Wealth Management Policies
Bibliographic Data
| ID | 2115965 |
|---|---|
| Authors | Dawn Burton (0000-0002-5221-206X, corresponding author) |
| Year | 2018 |
| Volume | 47 |
| Issue | 4 |
| Pages | 683-700 |
| Publication date | 2018-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Social Policy (JOURNAL) |
| Journal identifiers | ISSN: 0047-2794 • E-ISSN: 1469-7823 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0047279418000065 |
| OpenAlex | W2790219607 |
| Language | EN |
| Citations received | 5 |
| References cited | 29 |
This paper contributes to debates on economic inequality and ethnic and racial dimensions of social policy by focusing on the US racial wealth gap and assessing in what ways the private wealth management industry has contributed to this gap and reinforced white supremacy. The combined effects of the private wealth management industry reproducing whiteness and the industry being embedded in whiteness act as a barrier to developing a wider understanding of the savings and investment behaviour of people of colour. The paper addresses the role of public policy in closing the gap for investment advice, whether it should become a direct provider, or a facilitator to encourage the wider engagement of existing market participants
Business · Closing (real estate) · Economics · Ethnic group · Facilitator · Inclusion (mineral) · Inequality · Investment (military) · Investment banking · Political science · Sociology · Finance · Financial Literacy, Pension, Retirement Analysis · Housing, Finance, and Neoliberalism · Work-Family Balance Challenges
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Intimate partner violence and preschool self‐regulation
Material hardship level and unpredictability in relation to U.S. households’ family interactions and emotional well-being
Dynamics of Income and Voluntary Financial Self-Exclusion
Counseling Psychology and the Amelioration of Oppression
Liquidated
Conspicuous Consumption and Race
Black-White Differences in Wealth and Asset Composition
Critical survey. The new 'geographical turn' in economics
Race and Entrepreneurial Success
Being Black, Living in the Red
Black Wealth / White Wealth
Capital Culture
Cultural Diversity at Work
Reputation and Social Ties
Daily Life of Native Americans from Post-Columbian through Nineteenth-Century America
Rich Indians
Economic Sociologies in Space
Why Was a Wealth Tax for the UK Abandoned? Lessons for the Policy Process and Tackling Wealth Inequality
The 'Deserving' Rich? Inequality, Morality and Social Policy
A Problem of Riches
Closing the Racial Wealth Gap
Wealth Inequality in Black and White
| Unique citing works | 5 |
|---|---|
| Citations per year | 0,71 |
| Citation span | 2019 - 2025 (7) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 5 |