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Which Persists More from Generation to Generation—Income or Wealth?

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Which Persists More from Generation to Generation—Income or Wealth?

DATE: July 2016

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Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
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Gayle, George-Levi and Hincapié, Andrés. "Which Persists More from Generation to Generation—Income or Wealth?," in Federal Reserve Bank of St. Louis. "July 2016, Vol. 24, No. 3," Regional Economist : A Quarterly Review of Business and Economic Conditions (July 2016) : 14-15. https://fraser.stlouisfed.org/title/6275/item/601866/toc/584906 , accessed on June 9, 2023.

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