NDLI: Inequality in the “Cradle of Liberty”: Race/Ethnicity and Wealth in Greater Boston

Content Provider	Springer Nature Link
Author	Meschede, Tatjana Hamilton, Darrick Muñoz, Ana Patricia Jackson, Regine Darity, William
Copyright Year	2016
Abstract	New data collected for the Boston Metropolitan Statistical Area provide detailed information on financial assets that allow analysis to extend beyond the traditional black–white divide. Targeting US-born blacks, Caribbean blacks, Puerto Ricans, Dominicans, and other Hispanics, findings from the National Asset Scorecard for Communities of Color survey underscore the large racial and ethnic disparities in financial wealth, even after controlling for demographic and socioeconomic status. Further, some notable differences between Boston’s communities of color highlight the importance of detailed analyses for research on the racial wealth gap. In particular, among non-white communities Dominicans report comparatively low asset and high debt amounts, while Caribbean blacks report relatively higher levels of wealth. Altogether, these findings point to the need for wealth building opportunities in communities of color and further investigation of the causes and consequences of financial disparities between groups of color disaggregated by specific ancestral origin.
Starting Page	18
Ending Page	28
Page Count	11
File Format	PDF
ISSN	18671748
Journal	Race and Social Problems
Volume Number	8
Issue Number	1
e-ISSN	18671756
Language	English
Publisher	Springer US
Publisher Date	2016-02-11
Publisher Place	New York
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Racial wealth Ethnic and racial wealth disparities Wealth disparities in Boston Racial inequalities Racial wealth gap Social Work Personality and Social Psychology
Content Type	Text
Resource Type	Article
Subject	Sociology and Political Science Anthropology

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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