tag:blogger.com,1999:blog-14162253.post1268108427450032943..comments2024-03-27T08:39:28.807-06:00Comments on Wash Park Prophet: Black-White Wealth Gap RemainsAndrew Oh-Willekehttp://www.blogger.com/profile/02537151821869153861noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-14162253.post-14752925459396555132010-06-11T20:44:26.005-06:002010-06-11T20:44:26.005-06:00I just read the abstract for free.I just read the abstract for free.Michael Malakhttps://www.blogger.com/profile/10007582156392845677noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-46560489329801369162010-06-11T20:22:51.651-06:002010-06-11T20:22:51.651-06:00@Michael
$34 fucking dollars for David Bishai'...@Michael<br />$34 fucking dollars for David Bishai's article?!<br />I think that is absurd.<br />Springer-Verlag are douchebags.<br />I am sure that his ideas are well worth considering, but $34. Get off.Dave Barneshttps://www.blogger.com/profile/07355264650239868491noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-87051087895628562812010-06-11T14:53:46.090-06:002010-06-11T14:53:46.090-06:00Why, having a hypothesis in the post would just in...Why, having a hypothesis in the post would just invite counterarguments that Andrew would have to spend time on.<br /><br />So, I'll take a stab at hypotheses.<br /><br />According to <a href="http://www.insightcced.org/uploads///assets/Savings%20Wealth%20Gordon%20Nembhard.pdf" rel="nofollow">African-American Wealth: Levels, Composition, Gaps, and Comparisons</a>, some of the reasons include lack of inheritance and lower marriage rate (easier for stable married families to accumulate wealth).<br /><br />To that, I will add higher time preference by African-Americans, as confirmed by <a href="http://www.springerlink.com/content/cqtle60rh2ayukyd/" rel="nofollow">this study</a>. Lower time preference means less savings. But why the higher time preference? I'll leave that for others to hypothesize.Michael Malakhttps://www.blogger.com/profile/10007582156392845677noreply@blogger.comtag:blogger.com,1999:blog-14162253.post-83969107066754705452010-06-11T14:30:57.027-06:002010-06-11T14:30:57.027-06:00We have data.
Do we have a hypothesis?We have data.<br />Do we have a hypothesis?Dave Barneshttps://www.blogger.com/profile/07355264650239868491noreply@blogger.com