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G3b Racial/Ethnic Gaps in Financial Discrimination
Short Description
Financial discrimination is a complex issue that demands attention. It perpetuates poverty and inequality among people of color, women, and other marginalized groups, limiting their ability to accumulate wealth. This, in turn, fosters economic instability and undermines the nation’s economic health. In this study, we investigate whether racial and ethnic disparities in financial discrimination persist after controlling for various factors. First, we examine racial and ethnic disparities in overall societal discrimination using the full sample. Then, we focus on three domains of financial discrimination, measured by respondents' experiences in the (a) labor market, (b) financial market, and (c) housing market, using a subsample of those who had experienced societal discrimination. In addition to racial and ethnic disparities, we control socio-demographic characteristics.
Type of presentation
Accepted Poster Presentation