Spending

Spending is a critical—but understudied—factor associated with wealth accumulation. These papers look at how consumption shapes wealth outcomes.

RACIAL INEQUALITY AND CONSUMPTION

African Americans face unique structural constraints that restrict their ability to acquire important goods and services; this affects spending patterns and ultimately racial wealth accumulation patterns.

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LIFESTYLES AND SAVING

The way we spend our money says a lot about our preferences, structural position, priorities. That is, spending says a lot about lifestyle. Lifestyles, in turn, are associated with saving.

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