Social impact of parental wealth growing year-on-year

A growing gulf between the haves and have-nots in Britain means that parental wealth today matters more than at any point in the past when it comes to explaining differences in offspring wealth.

Black- and Latinx-owned small businesses and liquid wealth

Small business ownership is commonly thought to not only be a vehicle for financial stability and wealth building, but also a way to close the racial wealth gap. Small businesses are known to be a key component of the small ...

Market report: Rising stock wealth does boost spending, employment

The stock market is a staple of business news, but it is unclear how meaningful stock prices are to the larger economy. Do changes in stock prices directly affect shorter-term consumption, or are they just leading indicators ...

New report: Who is most impacted by inequality in Australia?

UNSW Social Policy Research Centre (SPRC) and Australian Council of Social Services (ACOSS) have released the second part of their analysis of inequality in Australia pre-COVID. Using Australian Bureau of Statistics (ABS) ...

Losing the American Dream

As many Americans struggle to pay their bills, keeping up with mortgage payments can be daunting with the risk of losing one's home. The challenges to retain a home are stratified along racial differences. Black homeowners ...

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