This project is an extension of the National Asset Scorecard for Communities of Color, or NASCC, a city-level analysis of wealth inequality. Previously, the research team surveyed five cities with large non-white populations with the aim of measuring household wealth at the level of detailed racial and ethnic categories. Specifically, this grant will support the second wave of the NASCC in Boston, which will be representative of subgroups of Asian households as well as the originally sampled groups from the previous wave. Findings will make an important contribution to the wealth inequality literature, going beyond the broad categories of “black” and “Hispanic” to provide more granular data on the economic situation of racial and ethnic groups in the Boston metropolitan area.
Darrick Hamilton, co-author of “Beyond Broke: Why Closing the Racial Wealth Gap is a Priority for National Economic Security,” is Associate Professor of Economics and Urban Policy and Director of Doctoral Program at The Milano School of International Affairs, Management and Urban Policy and the Department of Economics, The New School for Social Research at The New School in New York. Professor Hamilton is a stratification economist, whose work focuses on the causes, consequences and remedies of racial and ethnic inequality in economic and health outcomes, which includes an examination of the intersection of identity, racism, colorism, and socioeconomic outcomes. He has authored numerous scholarly articles on socioeconomic stratification in education, marriage, wealth, homeownership, health (including mental health), and labor market outcomes. His op-eds have appeared in The New York Times, The Washington Post, the Atlanta Journal Constitution, The American Prospect, the Christian Science Monitor, Dissent Magazine, and The Huffington Post.