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The economic disparity between Hispanic and non‐Hispanic White households: An analysis of middle‐class achievement.
- Source :
- American Journal of Economics & Sociology; Jan2024, Vol. 83 Issue 1, p93-107, 15p
- Publication Year :
- 2024
-
Abstract
- We utilize data from the 2010–2019 Consumer Expenditure Surveys to examine middle‐class achievement of English‐speaking and non‐English‐speaking Hispanic households compared to non‐Hispanic white households in the United States. Using an innovative expenditure‐based middle‐class measure, our findings show that non‐English‐speaking Hispanics lag English‐speaking Hispanics, and English‐speaking Hispanics lag whites, in middle‐class attainment. We also identify significant structural differences among the three groups, particularly in how education, marriage, and employment affect middle‐class achievement. Non‐English‐speaking Hispanics have a lower rate of return on education compared to both whites and English‐speaking Hispanics. Non‐English‐speaking Hispanics experience lower marriage and employment premiums compared to their English‐speaking Hispanic counterparts, and English‐speaking Hispanics experience lower marriage and employment premiums compared to whites. This study contributes to the literature by introducing the innovative expenditure‐based middle‐class measure and emphasizing the importance of considering within‐group differences among Hispanics to reduce the Hispanic‐white economic disparity. [ABSTRACT FROM AUTHOR]
- Subjects :
- MIDDLE class
ACHIEVEMENT
CONSUMPTION (Economics)
HOUSEHOLDS
MARRIAGE
RATE of return
Subjects
Details
- Language :
- English
- ISSN :
- 00029246
- Volume :
- 83
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- American Journal of Economics & Sociology
- Publication Type :
- Academic Journal
- Accession number :
- 174634503
- Full Text :
- https://doi.org/10.1111/ajes.12521