Question
Describe the gap in median net worth and median net financial assets between Blacks and whites in 1999. How do these gaps compare to the
Describe the gap in median net worth and median net financial assets between Blacks and whites in 1999. How do these gaps compare to the Black-white median income gap?
How have the Black-white gaps in median net worth and median net financial assets changed between 1988 and 1999? How do these changes compare to the change in the Black-white median income gap over this time period?
Describe the relationship between net worth and income and the relationship between net financial assets and income. Can we conclude that wealth is simply the product of income and savings?
Using multiple regression analysis, which factors are the most significant predictors of differences in net worth? Which factors are important, but less so? Which factors are relatively unimportant?
Using multiple regression analysis, which factors are the most significant predictors of differences in net financial assets? Which factors are important, but less so? Which factors are relatively unimportant?
Using race-specific multiple regression analysis, what factors have the largest impact on the Black-white gap in net worth? What factors have the largest impact on the Black-white gap in net financial assets?
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