Disparities in wealth distribution by age have slightly narrowed since the beginning of the pandemic. This change was likely driven by expanded ownership of financial assets among younger Americans.| Liberty Street Economics
Wealth disparities between Black, Hispanic, and white households have been exacerbated since the pandemic, likely due to rapid growth in financial assets more often held by white individuals.| Liberty Street Economics
Charts and data shedding light on disparities in people’s experience of inflation, earnings, employment, and consumer spending.| www.newyorkfed.org
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
Rajashri Chakrabarti is an economic research advisor in Microeconomics and chair of the Research Group’s Data Strategy Committee. Her areas of interest include labor economics, consumer finance and economics of education. Her research focuses on educational investment decisions and future financial and economic outcomes, consumer debt and repayment, financial literacy, costs and returns to post-secondary education and educational finance and accountability. Prior to joining the NY Fed, Raji...| www.newyorkfed.org
The Federal Reserve Board of Governors in Washington DC.| www.federalreserve.gov
About the New York Fed| www.newyorkfed.org