{"title":"黑人和白人在收入和消费动态方面的差异","authors":"Giacomo De Giorgi, Luca Gambetti, Costanza Naguib","doi":"10.1007/s10888-023-09618-1","DOIUrl":null,"url":null,"abstract":"<p>With 20 years of PSID data, we document persistent racial differentials in consumption dynamics. Starting from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income, and wealth are three key drivers of these different dynamics. Blacks tend to save less, and hence have less buffer than the Whites to prevent them from falling in the lower part of the consumption distribution.</p>","PeriodicalId":501277,"journal":{"name":"The Journal of Economic Inequality","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2024-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Black and white differential in income and consumption dynamics\",\"authors\":\"Giacomo De Giorgi, Luca Gambetti, Costanza Naguib\",\"doi\":\"10.1007/s10888-023-09618-1\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>With 20 years of PSID data, we document persistent racial differentials in consumption dynamics. Starting from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income, and wealth are three key drivers of these different dynamics. Blacks tend to save less, and hence have less buffer than the Whites to prevent them from falling in the lower part of the consumption distribution.</p>\",\"PeriodicalId\":501277,\"journal\":{\"name\":\"The Journal of Economic Inequality\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-02-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"The Journal of Economic Inequality\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1007/s10888-023-09618-1\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"The Journal of Economic Inequality","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1007/s10888-023-09618-1","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
The Black and white differential in income and consumption dynamics
With 20 years of PSID data, we document persistent racial differentials in consumption dynamics. Starting from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income, and wealth are three key drivers of these different dynamics. Blacks tend to save less, and hence have less buffer than the Whites to prevent them from falling in the lower part of the consumption distribution.
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