Cobb-Clark, Deborah; Hildebrand, Vincent
This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that - unlike the racial wealth gap - Mexican Americans' wealth disadvantage is in large part not the result of differences in wealth distributions conditional on the underlying determinants of wealth. Rather Mexican Americans' wealth disadvantage is attributable to the fact that these families have more young children and heads who are younger Mexican Americans' low educational...[Show more]
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