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The National Asset Scorecard for Communities of Color (NASCC) survey was developed to supplement existing national data sets that collect data on household wealth in the United States, but rarely collect data that is disaggregated by specific national origin. This paper begins with an examination of the importance of differentiating wealth and income, followed by a second section summarizing the methodology, and a third part analyzing the wealth position of various communities of color. For the first time, we are able to demonstrate differences in wealth across multiple Asian ethnic groups. The NASCC findings reveal that major disparities in wealth accumulation exist across certain racial and ethnic groups.

To link to full-text access for this article, visit this link: http://dx.doi.org/10.1016/j.jebo.2009.05.024 Byline: Darrick Hamilton (a), Arthur H. Goldsmith (b), William Darity (c) Keywords: Marriage; Skin shade; Race Abstract: The inter-racial marriage gap that opened in the past 50 years is generally attributed to a decline in the availability of young black marriageable men. We contend that the associated shortage of desirable men in the marriage market provides those black men who are sought after with the opportunity to attain a high status spouse, which has placed a premium on black women with lighter skin. We provide evidence, based on data drawn from the Multi City Study of Urban Inequality, consistent with this hypothesis. Our theoretical analysis of the marriage market reveals that marriage promotion policies to increase the desire to marry on the part of young black women will serve to exacerbate the importance attached to skin shade. Author Affiliation: (a) Milano-The New School for Management and Urban Policy, The New School, 72 Fifth Avenue, New York, NY 10011, United States (b) Department of Economics, Washington and Lee University, Lexington, VA 24450, United States (c) Sanford School of Public Policy, Duke University, Durham, NC 27708, United States Article History: Received 29 October 2007; Revised 21 May 2009; Accepted 21 May 2009

The theory of ability misperception posits that employers will offer greater rewards to whites than nonwhites for similar levels of prior experience (Proposition 1) but that racial/ethnic differences in the return to additional tenure or seniority with the current employer will be smaller (Proposition 2). To advance the existing empirical literature, this paper evaluates the validity of these propositions by using data on black, Latino, and white workers drawn from the Multi-City Study of Urban Inequality. The analysis is conducted separately for women and men and controls for a wider range of workplace setting descriptors than was used in previous studies. Our results offer support for Proposition 1 and for Proposition 2. We find that nonwhites, regardless of job setting, receive relatively poor returns to prior workplace experience (the lone exception is Latinas). Second, nonwhites typically receive greater wage gains for accumulating additional tenure than whites. JEL Classification: J31, J71, 1. Overview There is an extensive literature documenting the lower wages of black and Latino workers relative to white workers in the United States. The explanations for these racial and [...]

Effects of skin shade differences among African Americans on wage discrimination are presented.

The effect of policies of the 1990's on black-white home ownership disparities in New York City is examined. The policies regarding fostering black homeownership of 1990's were designed to combat mortgage-lending discrimination.

The role of skin color in wage gap among African-Americans is examined. The theory that wage gap widens as the skin color darkens is proven to be true using data from the Multi City Study of Urban Inequality and the National Survey of Black Americans. The sources of interracial and intraracial wage differences are determined.