Unequal Early Adulthoods
Racial and Ethnic Wealth Disparities during the Great Recession
Bibliographic Data
| ID | 2144012 |
|---|---|
| Authors | R Modi (0000-0002-7859-3825, Interdisciplinary Social Sciences, Florida State University, Tallahassee, Florida, USA), Abigail Sewell (0000-0002-7146-3657, Emory University, corresponding author) |
| Year | 2022 |
| Volume | 63 |
| Issue | 1 |
| Pages | 21-47 |
| Publication date | 2022-01-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Sociological Quarterly (JOURNAL) |
| Journal identifiers | ISSN: 0038-0253 • E-ISSN: 1533-8525 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/00380253.2020.1865115 |
| OpenAlex | W3128797831 |
| Language | EN |
| Citations received | 3 |
| References cited | 25 |
This study identifies socioeconomic factors that contribute to wealth advantages or disadvantages across ethnoracial groups in early adulthoods during the Great Recession. Using data from the National Longitudinal Study of Adolescent Health, we find that current and childhood social class partially explain racial disparities in debt, assets, and assistance with housing payments but do little to account for disparities in homeownership. These results underscore the life course perspective that wealth inequality disrupts the maintenance of successful adulthood for minority racial groups. Ethnoracial disparities in homeownership are a critical lever of the wealth-race gap later in adulthood
Debt · Demographic economics · Economics · Ethnic group · Great recession · Inequality · Labour economics · Life chances · Life course approach · National Longitudinal Surveys · Panel Study of Income Dynamics · Perspective (graphical) · Race (biology) · Recession · Social class · Social mobility · Socioeconomic status · Sociology · Demography · Finance · Financial Literacy, Pension, Retirement Analysis · Gender Studies · Health disparities and outcomes · Psychology · Social Psychology · Urban, Neighborhood, and Segregation Studies
Foreclosed
The Emergence and Development of Life Course Theory
Racist America
Being Black, Living in the Red
Racial differences in household wealth
The dynamics of race, income, and homeownership
Why Are Hispanic- and Asian-American Homeownership Rates So Low
Return to Being Black, Living in the Red
Emerging Forms of Racial Inequality in Homeownership Exit, 1968–2009
Can ‘Baby Bonds’ Eliminate the Racial Wealth Gap in Putative Post-Racial America
Regression Models with Ordinal Variables
Comparing Regression Coefficients Between Same-sample Nested Models Using Logit and Probit
Wealth Disparities Before and After the Great Recession
Racial Segregation and the American Foreclosure Crisis
Color Lines, Country Lines
Inherited Prospects
Wealth Inequality in the United States
Lifetime Inheritances of Three Generations of Whites and Blacks
Diverging Fortunes
Race and Wealth Inequality
| Unique citing works | 3 |
|---|---|
| Citations per year | 1,5 |
| Citation span | 2024 - 2025 (2) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |