The resulting estimates reveal a clear "hockey-stick" shape of racial wealth convergence since 1860. The largest decline in the gap occurred in the first 50 yrs after Emancipation. Convergence stalled by the 1950s, & today’s wealth gap is on track to rise again, not fall. 3/10 pic.twitter.com/pYgf5MZUlN
— Ellora Derenoncourt (@EDerenoncourt) June 6, 2022
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