2 datasets found
  1. o

    Data and Code for: Analytic Approaches to Measuring the Black-White Wealth...

    • openicpsr.org
    Updated Apr 23, 2024
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    Jermaine Toney; Fenaba R. Addo; Darrick Hamilton (2024). Data and Code for: Analytic Approaches to Measuring the Black-White Wealth Gap [Dataset]. http://doi.org/10.3886/E201263V2
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    Dataset updated
    Apr 23, 2024
    Dataset provided by
    American Economic Association
    Authors
    Jermaine Toney; Fenaba R. Addo; Darrick Hamilton
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Description

    Does the measurement of the racial wealth gap shift depending on the model, method, and data set used? We contrast the traditional mean Oaxaca-Blinder decomposition with the distributional Recentered Influence Function (RIF) methods. The untransformed, logarithm-transformed, and inverse hyperbolic sine-transformed versions in both Survey of Consumer Finances and Panel Study of Income Dynamics data sets exhibit similarities. The Oaxaca-Blinder (mean) decomposition highlights that receiving an inheritance explains a larger portion of the racial wealth gap than educational attainment. Conversely, the RIF method at the median suggests that educational attainment accounts for more of the wealth gap than inheritance receipt.

  2. o

    Supplementary data for: Analytic Approaches to Measuring the Black-White...

    • openicpsr.org
    Updated Jan 13, 2025
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    Jermaine Toney; Fenaba R. Addo; Darrick Hamilton (2025). Supplementary data for: Analytic Approaches to Measuring the Black-White Wealth Gap [Dataset]. http://doi.org/10.3886/E215384V1
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    Dataset updated
    Jan 13, 2025
    Dataset provided by
    University of North Carolina-Chapel Hill
    The New School
    Rutgers, The State University of New Jersey
    Authors
    Jermaine Toney; Fenaba R. Addo; Darrick Hamilton
    Time period covered
    2013 - 2019
    Description

    Does the measurement of the racial wealth gap shift depending on the model, method, and data set used? We contrast the traditional mean Oaxaca-Blinder decomposition with the distributional Recentered Influence Function (RIF) methods. The untransformed, logarithm-transformed, and inverse hyperbolic sine-transformed versions in both Survey of Consumer Finances and Panel Study of Income Dynamics data sets exhibit similarities. The Oaxaca-Blinder (mean) decomposition highlights that receiving an inheritance explains a larger portion of the racial wealth gap than educational attainment. Conversely, the RIF method at the median suggests that educational attainment accounts for more of the wealth gap than inheritance receipt.

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Share
FacebookFacebook
TwitterTwitter
Email
Click to copy link
Link copied
Close
Cite
Jermaine Toney; Fenaba R. Addo; Darrick Hamilton (2024). Data and Code for: Analytic Approaches to Measuring the Black-White Wealth Gap [Dataset]. http://doi.org/10.3886/E201263V2

Data and Code for: Analytic Approaches to Measuring the Black-White Wealth Gap

Explore at:
Dataset updated
Apr 23, 2024
Dataset provided by
American Economic Association
Authors
Jermaine Toney; Fenaba R. Addo; Darrick Hamilton
License

Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically

Description

Does the measurement of the racial wealth gap shift depending on the model, method, and data set used? We contrast the traditional mean Oaxaca-Blinder decomposition with the distributional Recentered Influence Function (RIF) methods. The untransformed, logarithm-transformed, and inverse hyperbolic sine-transformed versions in both Survey of Consumer Finances and Panel Study of Income Dynamics data sets exhibit similarities. The Oaxaca-Blinder (mean) decomposition highlights that receiving an inheritance explains a larger portion of the racial wealth gap than educational attainment. Conversely, the RIF method at the median suggests that educational attainment accounts for more of the wealth gap than inheritance receipt.

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