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Research Article
Open Access

Closing the Racial Wealth Gap: A Counterfactual Historical Simulation of Universal Inheritance

Asher Dvir-Djerassi
RSF: The Russell Sage Foundation Journal of the Social Sciences June 2024, 10 (3) 70-91; DOI: https://doi.org/10.7758/RSF.2024.10.3.04
Asher Dvir-Djerassi
aPhD student in the Department of Sociology and the Ford School of Public Policy at the University of Michigan and a graduate student fellow at the Stone Center for Inequality Dynamics
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Article Information

vol. 10 no. 3 70-91
DOI 
https://doi.org/10.7758/RSF.2024.10.3.04

Published By 
RSF: The Russell Sage Foundation Journal of the Social Sciences
Print ISSN 
2377-8253
Online ISSN 
2377-8261
History 
  • Published online June 3, 2024.

Copyright & Usage 
© 2024 Russell Sage Foundation. Dvir-Djerassi, Asher. 2024. “Closing the Racial Wealth Gap: A Counterfactual Historical Simulation of Universal Inheritance.” RSF: The Russell Sage Foundation Journal of the Social Sciences 10(3): 70–91. https://doi.org/10.7758/RSF.2024.10.3.04. This research was conducted with support from the Stone Center for Inequality Dynamics and a Eunice Kennedy Shriver National Institute of Child Health and Human Development training grant to the Population Studies Center at the University of Michigan (T32HD007339). The author thanks Davis Daumler for invaluable assistance with the Panel Study of Income Dynamics. The content is solely the responsibility of the author and does not necessarily represent the official views of the National Institutes of Health. Direct correspondence to: Asher Dvir-Djerassi, at asherd@umich.edu, Department of Sociology, University of Michigan, LSA Building, 500 South State Street, Ann Arbor, MI 48109-1382, United States. Open Access Policy: RSF: The Russell Sage Foundation Journal of the Social Sciences is an open access journal. This article is published under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

Author Information

  1. Asher Dvir-Djerassia
  1. aPhD student in the Department of Sociology and the Ford School of Public Policy at the University of Michigan and a graduate student fellow at the Stone Center for Inequality Dynamics
  1. Correspondence author:
    Asher Dvir-Djerassi, (asherd{at}umich.edu)
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RSF: The Russell Sage Foundation Journal of the Social Sciences: 10 (3)
RSF: The Russell Sage Foundation Journal of the Social Sciences
Vol. 10, Issue 3
1 Jun 2024
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Closing the Racial Wealth Gap: A Counterfactual Historical Simulation of Universal Inheritance
Asher Dvir-Djerassi
RSF: The Russell Sage Foundation Journal of the Social Sciences Jun 2024, 10 (3) 70-91; DOI: 10.7758/RSF.2024.10.3.04

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Closing the Racial Wealth Gap: A Counterfactual Historical Simulation of Universal Inheritance
Asher Dvir-Djerassi
RSF: The Russell Sage Foundation Journal of the Social Sciences Jun 2024, 10 (3) 70-91; DOI: 10.7758/RSF.2024.10.3.04
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  • Article
    • Abstract
    • SIMULATED WEALTH REDISTRIBUTION PROGRAMS
    • DATA AND METHODOLOGY
    • RESULTS
    • DISCUSSION AND CONCLUSION
    • APPENDIX A. SENSITIVITY ANALYSIS OF ESTIMATES TO VARYING RATES OF RETURN
    • APPENDIX B. TREATMENT OF AGES IN THE SCF ACROSS SURVEY PERIODS
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Keywords

  • racial wealth gap
  • wealth tax
  • wealth redistribution
  • counterfactual historical simulation
  • baby bonds

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