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The Large Gap in Stock Market Participation Between Black and White Households

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Abstract

White households participate in the stock market far more than Black households, contributing to the large wealth gap between them.

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  • Julie Bennett & YiLi Chien, 2022. "The Large Gap in Stock Market Participation Between Black and White Households," Economic Synopses, Federal Reserve Bank of St. Louis, issue 7, pages 1-2, March.
  • Handle: RePEc:fip:fedles:93878
    DOI: 10.20955/es.2022.7
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    References listed on IDEAS

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    1. Duflo, Esther & Saez, Emmanuel, 2002. "Participation and investment decisions in a retirement plan: the influence of colleagues' choices," Journal of Public Economics, Elsevier, vol. 85(1), pages 121-148, July.
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